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The Investor's Podcast (We Study Billionaires)  - The Investor’s Podcast Network

BTC020: Bitcoin & Quantum Computing w/ Andrew Fursman (Bitcoin Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Business, Education, Investing

4.63.6K Ratings

🗓️ 7 April 2021

⏱️ 76 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU'LL LEARN: What is a quantum computer and why is it important for the future How does quantum computer threaten encryption What is a Bloch Sphere and why is it important Why is quantum so good at solving specific problems What is the potential timeline for Quantum to achieve the processing required to pose a threat to Bitcoin What other application are there for Quantum computers beyond cracking encryption The differences between cracking elliptical curve key generation versus 2048 bit RSA. What are the energy impacts of quantum computing BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. What is a Bloch Sphere Andrew Fursman's Company 1Qbit Andrew Fursman's bio An interesting paper that addresses Bitcoin and the impact of quantum computing Browse through all our episodes (complete with transcripts) here. SPONSORS Support our free podcast by supporting our sponsors: ⁠HardBlock⁠ ⁠Human Rights Foundation⁠ ⁠Plus500⁠ ⁠Netsuite⁠ ⁠Shopify⁠ ⁠Vanta⁠ Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. 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Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TI-P.

0:02.4

Hey everyone, welcome to our Wednesday release of the podcast where we're talking about Bitcoin.

0:06.8

One of the risks that you'll hear many outsiders, the Bitcoin raise, is the idea of quantum

0:12.0

computing potentially jeopardizing the integrity of the Bitcoin encryption.

0:16.3

Although many experts in the space quickly write this risk off due to the very low technical

0:20.6

maturation today, I thought it might be fun to interview an expert in quantum computing about

0:25.4

this particular field of research and development and then how it applies the Bitcoin potentially

0:29.8

in the future. I found this conversation with my guest Andrew Fursman to be a fascinating topic

0:35.4

in something that was all around exciting to learn about. This definitely isn't my area of

0:39.8

expertise, so come join us as we learn all about quantum computing and what it might mean for the future.

0:49.2

You're listening to Bitcoin Fundamentals by the Investors Podcast Network.

0:54.2

Now for your host Preston Pish.

1:08.0

Hey everyone, welcome to the show. I'm here with Andrew.

1:10.9

Really excited to have this conversation because this is definitely not my area of expertise,

1:15.5

so Andrew, welcome to the show.

1:16.8

Hey, thank you so much. I'm really nervous about this conversation because you're

1:21.7

interested in talking about something that's outside of my area of expertise, so we're on even

1:26.1

footing. I think it's going to be a great mix. So, Andrew, here's where I want to start this

1:32.0

conversation. Have you ever watched the show, the office, with Michael Scott?

1:37.2

Oh, I see. Now we're getting to the do I prefer the North America or UK version of the office,

1:42.8

but I'm familiar with the concept. In one of the shows, Michael sitting there, he's the boss,

1:49.7

he's sitting there and his accountant comes in and he starts explaining something to him.

...

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