Minority Mindset

Satoshi Nakamoto’s estimated 1.1 million Bitcoin (BTC) is often described as the crypto world’s ultimate “lost treasure.” It sits on the blockchain like a dormant volcano, a digital ghost ship that has not seen an onchain transaction since its creation. This massive stash, worth approximately $67 billion-$124 billion at current market rates, has become a legend. But for a growing number of cryptographers and physicists, it is also viewed as a multibillion-dollar security risk. The threat is not a hacker, a server breach or a lost password; it is the emergence of an entirely new form of computation: quantum computing. As quantum machines move from theoretical research labs to powerful working prototypes, they pose a potential threat to existing cryptographic systems. This includes the encryption that protects Satoshi’s coins, the wider Bitcoin network and parts of the global financial infrastructure. This is not a distant “what if.” The race to build both a quantum computer and a quantum-resistant defense is one of the most critical and well-funded technological efforts of our time. Here is what you need to know. 🐿️💸

Cathie Wood’s ARK crew is throwing caution to the wind (and maybe a few accounting standards) by piling into crypto stocks. On Friday alone, they bought enough BitMine shares to fill a small asteroid. Let’s just say if the stock market were a party, ARK would be the last one dancing in the parking lot.

Belarusian President Alexander Lukashenko-the man, the myth, the temporary ruler-recently announced that his country is eyeing the shiny world of cryptocurrencies as a possible substitute for the venerable, often-overhyped U.S. dollar. Apparently, mining for digital gold is now a national priority-because nothing screams stability like flipping coins in the digital ether. (And yes, it’s electricity-intensive. Who knew being green could mean powering your economy?) ⚡💻