Kraken co-CEO Arjun Sethi says self-custody is a ticking time bomb, while quantum is a migration problem, not an extinction event "A meaningful share of all Bitcoin is also…
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Kraken co-CEO Arjun Sethi says self-custody is a ticking time bomb, while quantum is a migration problem, not an extinction event "A meaningful share of all Bitcoin is also probably gone forever. I w…
Kraken co-CEO Arjun Sethi says self-custody is a ticking time bomb, while quantum is a migration problem, not an extinction event "A meaningful share of all Bitcoin is also probably gone forever. I would say that's a little broken in itself. Lost seeds, dead hard drives. I have had those problems myself personally." "Self-custody that fails on inheritances and safety. I think that's like a ticking time bomb." "Then we're talking about quantum. I think this is the part where people are worried about, which is it threatens signatures, not hashing. It's like an important dichotomy." "The coins at risk are the ones whose public keys are already onchain, like old outputs, reused addresses, et cetera, et cetera. Even post-quantum signature standards exist." "The hard part is really going to be about how do you coordinate every wallet and custodian to migrate. That's a migration problem. That is not an extinction event." "I listen to a lot of podcasts and sometimes I'm like, that person has no idea how any of this stuff works."
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