Quantum computing is often dismissed as a distant sci-fi future, but Ethereum OG John Lilic and Oxford physicist Stefano Gogioso argue the timeline is shrinking fast with roadmaps converging around 2030. In this episode, they break down the "woeful" state of quantum readiness in crypto, explaining how Shor's algorithm could eventually shatter the elliptic curve cryptography protecting Bitcoin and Ethereum.
They also explore the terrifying concept of "harvest now, decrypt later," which implies that encrypted data and privacy coins like Monero may essentially be compromised already. Finally, they introduce "Quantum Money," a revolutionary form of digital cash developed by Stefano’s startup NeverLocal, which relies on the laws of physics rather than blockchain consensus to prevent double-spending.
Topics
00:00 Intro
03:00 John’s Quantum Awakening
08:00 Defining Quantum Computing
13:30 Logical Qubits Explained
18:15 Crypto’s "Woeful" Readiness
23:30 "Harvest Now" Threat
28:45 Monero’s Privacy Risk
33:15 What is Quantum Money?
40:00 Investment & Hedging
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