A: Crypto has been/will be cracked by the quantum computer that exists or will shortly. If you know Comp. Sci. then you know modern encryption is dead with QC
B: The gov't owns/has created crypto like they are known to have done(think the millions of BTC that have never left their original acct. or the TOR network which was created by the NAVY)
A: If a Quantum Computer comes online with the ability to crack SHA256 (or above), crypto is the least of our worries. The current market cap of crypto is ~$1.4T …. Peanuts. No, that computer will be used for much bigger things.
B: Govs are creating blockchain based crypto, well the Central Banks are really (CBDCs). DS agencies very likely created some of the current crypto, or, have infiltrated them. BTC? No .. it’s open source software, you can inspect it, and the Nodes runs the software (which actually validated the blocks mined), etc. Govs have no control on BTC. This is the beauty of Proof-of-Work…. Unlike Proof-of-Stake (whoever owns the most tokens, governs the network) — just like the fiat money printer.
C: McAfee is a smart dude, a little off kilter, aren’t all geniuses though?
My opinion = 3 options:
A: Crypto has been/will be cracked by the quantum computer that exists or will shortly. If you know Comp. Sci. then you know modern encryption is dead with QC
B: The gov't owns/has created crypto like they are known to have done(think the millions of BTC that have never left their original acct. or the TOR network which was created by the NAVY)
C: Crypto is as good as McAfee says it is.
Imo..
A: If a Quantum Computer comes online with the ability to crack SHA256 (or above), crypto is the least of our worries. The current market cap of crypto is ~$1.4T …. Peanuts. No, that computer will be used for much bigger things.
B: Govs are creating blockchain based crypto, well the Central Banks are really (CBDCs). DS agencies very likely created some of the current crypto, or, have infiltrated them. BTC? No .. it’s open source software, you can inspect it, and the Nodes runs the software (which actually validated the blocks mined), etc. Govs have no control on BTC. This is the beauty of Proof-of-Work…. Unlike Proof-of-Stake (whoever owns the most tokens, governs the network) — just like the fiat money printer.
C: McAfee is a smart dude, a little off kilter, aren’t all geniuses though?