Michael Saylor once made a deceptively simple yet profound statement: "Bitcoin is a protocol." In a world where headlines often scream about the imminent doom of Bitcoin at the hands of quantum computers, this quote is a sobering reminder of Bitcoin’s true nature—not as a fixed asset, but as an adaptable set of rules. Protocols evolve. So will Bitcoin. Understanding the FUD: Quantum Computing as a Boogeyman Every few months, a new “quantum breakthrough” is announced and followed quickly by waves of fear, uncertainty, and doubt (FUD) suggesting Bitcoin will soon be broken. The concern usually revolves around quantum computers cracking the ECDSA (Elliptic Curve Digital Signature Algorithm) used in Bitcoin, potentially exposing private keys and enabling the theft of funds. Yes, quantum computing could eventually pose a threat to the cryptographic primitives used today. But here’s what’s often left out of the conversation: those threats are decades away from being feasible, and...