yeah the question being is the unbreakable actually breakable um well i'm not going to do it any justice let's hear bill explain that a little bit more

The way I think about it is if I asked you to calculate the square root of something using just a pencil and paper or just a traditional plus minus calculator, you could do it.

It would take a long time, but you could calculate it a square root.

And then I come along with a calculator, right? And I can do it very quickly.

I just say, whatever, 7,422 square root, boom.

I can do it much more quickly.

However, we do know how to protect your Bitcoin.

And who owns

What is quantum computing? Why has it become such an important topic in this conversation?

So yeah, let me first explain what a quantum computer is, what it's doing.

So a regular computer, as most people know, uses ones and zeros.

At its core, it's just there are ones and zeros and nothing else.

Whereas quantum computing actually uses atoms or particles or other real world items at a very small level where quantum effects become relevant.

So we may know at the level of the atom, very strange things happen from what looks like our regular reality that we see currently.

So using quantum computing, we actually can use some of this weird effects, this weird quantumness, to do some types of computation much faster than a traditional computer.

How difficult do you see it then for some of these major blockchain networks to migrate to a quantum resistant cryptography?

when you say the data brokers, you know, collect and collate and clean up that data, what do you mean? W- How do they collect and collate data that we don't even know we've got out there, in a sense?

So if you think about it, every time that you interact with a website, you are actually giving much more information than you think you are.

You know, this isn't like, uh, "Oh, hey, I'm going to scan in my passport, so I realize, you know, they...

this company has a lot of information about me." But every time you, you know, you send an email, that is on, uh, that is on servers of Google or Yahoo! or whatever.

Every time you click on something, uh, actually, you can determine pr- pretty well what sort of system a person's using, so you know, you know, what type of computer they're using and more information about the computer, and actually then make a- a fingerprint of someone as they're going to other websites on the internet.

So you know that, hey, this person had this particular operating system and this particular computer, and they're in this particular location, and we can, uh, assume that because some other computer with that same information and same, uh, characteristics connected to this other site, okay, we know this is the same person.

Uh, just sort of multiply that by, [laughs] you know, thousands and thousands of interactions you have on the internet, and you actually can get a really good picture of someone without you ever actually giving, you know, giving this information explicitly.

So my mind is going, okay, how? How do we do that, decentralize it over hundreds of thousands of computers? What would that require in practice? Does it require governments to create frameworks? Does it require Google and Amazon to have that option as part of their services? What, what would it need?