Quantum Computing - Why BTC isn't the biggest worryYou’ve probably heard that quantum computing could break Bitcoin’s encryption—and that’s true. But here’s the thing: Bitcoin might not even be the biggest target.
The real risks? Financial systems, national security, healthcare, and even the internet itself. These areas rely on the same encryption methods that quantum computers could crack, and the fallout could be far worse than a Bitcoin hack.
Let’s break it down.
1️⃣ Financial Systems: A Global Crisis Waiting to Happen
Imagine if hackers could:
Drain bank accounts at will.
Manipulate stock markets.
Fake trillion-dollar transactions.
This isn’t just about stolen crypto—it’s about economic chaos. Banks, stock exchanges, and payment systems all depend on encryption. If quantum computers break it, we’re looking at a meltdown way bigger than Bitcoin’s $3 trillion market.
2️⃣ National Security & Internet Privacy: A Hacker’s Dream
Governments and militaries use encryption to:
Protect classified intelligence.
Secure communications between leaders.
Guard critical infrastructure (power grids, water supplies).
If quantum computers crack these codes, entire nations could be exposed to cyberwarfare. Your private data? At risk too—email, messaging, even your online banking could be decrypted years later.
3️⃣ Healthcare, Supply Chains & IoT: The Hidden Vulnerabilities
Medical records could be leaked, exposing sensitive health data.
Smart devices (like home security systems) could be hacked.
Supply chains might collapse if logistics networks are breached.
These systems weren’t built with quantum threats in mind—and upgrading them won’t be easy.
🔴 The Bigger Picture: A "Civilizational Upgrade"
Switching to quantum-resistant encryption is like rebuilding the internet’s foundation. It’s necessary, but messy. Some experts compare it to the Y2K bug—but way harder.
🔷 So, Is Bitcoin Safe?
Not entirely—about 25% of all Bitcoin could be stolen if quantum computers advance fast enough. But compared to the risks facing banks, governments, and hospitals? Bitcoin might be the least of our worries.
🔷 What’s Next?
Governments & companies are already working on fixes (like NIST’s post-quantum cryptography standards).
The transition will take years—and hackers might exploit weak spots along the way.
Staying informed is key. If you’re in tech, finance, or security, this affects you.
ℹ️ Want to Dive Deeper?
Deloitte’s take on quantum computing & Bitcoin
Forbes on quantum risks beyond crypto
🤷♂️ Bottom line?
Quantum computing is coming—and while Bitcoin has risks, the real danger lies in the systems we all depend on every day.
❔What do you think? Will we be ready in time? Let me know in the comments! 🚀
Danger
POP!! IT'S COMING!What people want me to do is tell them when the bubble is gonna pop!
Well, well - I can see the weather outside my home is setting up pretty badly, but I can't tell when a downpour of rain is gonna come! I'm as I'm so bad at weather forecasting - how on earth could I possibly forecast market crashes?
All I know is that when I see bad weather I'd better wear a raincoat or carry and umbrella - or alternatively don't venture outside! Is that okayyyyy? :) :)
DANGER: Amazon and FANGS could be in trouble. Amazon has just crossed $1 Trillion in market value.
This is without doubt a parabolic expansion. History has shown us that parabolic charts like this suffer a significant correction. Do not expect me to say when - as I have no crystal ball.
Tech stocks have been propping up Wall Streets expansion. But there is a problem. The stock markets in the US and around the world are being eroded in value. Google is your friend. Around the globe there is market contraction due to trade wars and international political tensions.
Reliable research shows that value of stocks below the top 30 is falling in average. This is a danger signal.
The traditional 'news' is not your friend. From day to day we hear different news casts. These people are there to sell their news - that's all. Dig deeper. The world is in trouble!
Amazon cannot fight and win over the whole world. It just ain't that big or powerful.
Tech stocks have been living on borrowed time and feeding frenzies. If Amazon goes south, and the rest of tech goes south, expect to see major corrections on Wall Street.
Those looking to short the stock markets may wish to look for trend changes on the 4H - 6H time frames and with Amazon.
Self-discipline - what's that?Whilst I am on a roll, I'm pushing out loads of questions and thoughts that have occupied me for the last two years. All this is well ' Beyond Technical Analysis '!
In too many trading/training videos out there, I've heard the words 'discipline' and 'self-discipline'. These are so commonly used words that many take their meaning for granted, or as something very elementary. I know - because I was one of those people who thought I knew what the words meant.
However, there is also a thing called self-deception which works against self-discipline. Self-deception at its heart, is the ability of the mind to justify anything! Quite simply - it's dangerous.
The Collins Dictionary defines self-discipline as, " controlling of oneself or one's desires, actions, habits ... .. the act of disciplining or power to discipline one's own feelings, desires... with the intention of improving oneself. " It's easier now to see how this connects to trading environments.
A sound trader needs a lot of personal self-control over actions, habits, feelings and desires. I add 'thinking processes'. Certainly there must be a routine that improves one abilities, as the markets are not static. Their behaviour changes so one needs to improve to match those changes.
The obvious question for many (especially new traders) is, " How do I become more disciplined? " I'm afraid there is no magic formula that I can prescribe. I can only share a few personal experiences that drove me to become more disciplined.
It's like a weird sandwich:
A firm and unshakeable desire to make myself consistently profitable.
Pain i.e. painful mistakes.
Non-acceptance that if others could do it, I couldn't.
Pain drives people - let's not debate that. By pain I include from the worse kinds of suffering to the more subtle kinds. One can include things like frustration, anger and disappointment. Pain stood like a distasteful filling between the two sides of my sandwich. I just couldn't ignore it. If I wanted to make this thing right I had to fix the pain; all sources of it.
I was/am my own pain. My enemies arise from within me to cause me pain. My mind plays tricks on me in trading environments. To deal with the sources of pain I had to deal with my own mind, else just give up. I'm no quitter! So whilst I do not claim near-perfect discipline now, I have been addressing the trickery of my own mind - those inner enemies - that thwart my thinking processes. After all, if I don't the whole sandwich (three bullet points above) become nothing - and I'd have to join the 90-odd percent of people who give up on trading in the first couple years.
Am I saying that pain is a necessary ingredient for everybody to reach a greater self-disciplined state? Well yes I am! In every walk of life people have to suffer some sort of discomfort in achieving their goals. If you wanted to become a top-rated lawyer, you would have to suffer the 'pain' of years of study, and the trauma of being beaten in court rooms. If you want to get to the North Pole on foot, that involves pain and personal sacrifice. But nobody gets to the North Pole alive, with poor discipline. I shan't go on to mention other areas where people suffer extreme discomfort in order to achieve their goals.
If there are take away points to consider, traders should to find out what they are about and anchor themselves on what they want and what they won't have. Then, systematically whittle away at all obstacles by robust self-refection. It takes time - and bargain for pain! Do the time - take the pain. Don't blow up a live account.