Bitcoin Has Until 2032 | Isabel Foxen Duke QBC Ep. 13
44 min
BIP-360 proposes the first step toward a quantum-resistant Bitcoin: a new output type built to carry quantum-resistant signatures in a later upgrade. Which signature scheme follows, and how quickly developers can agree on it, is still under debate. So is Bitcoin ready for quantum, and how much time does it have? In the 13th episode of The Quantum Bitcoin Podcast, Bitcoin historian Pete Rizzo and co-host Nathan Jeffay put that question to Isabel Foxen Duke, head of the MARA Foundation, adviser to the Starknet Foundation and co-author of BIP-360, who says Bitcoin should be prepared by 2032 and that the push to get there has accelerated sharply in the past year.Episode 13 is the one that follows the fix through Bitcoin’s proposal process: how BIP-360 shrank from a single moonshot proposal into a step-by-step upgrade path, why some developers now question whether anything else deserves their time, and why she argues that for Bitcoin the conservative choice is to change the protocol. She explains the stateful and stateless halves of SHRINCS, the leading candidate for a quantum-resistant signature, why the safer stateless path could cost 10 to 20 times today’s fees, and why custodians and most wallets are expected to avoid the stateful path. It covers how miners are approaching the threat, why the first quantum-safe Bitcoin transaction calmed the market without settling the problem, what could happen to the millions of coins that never move, and the wallet habits that protect holders today. It closes with her response to Chamath Palihapitiya’s criticism of Bitcoin’s progress, her 2032 timeline, and why she expects shocks to the market even in the best-prepared case.The Quantum Bitcoin Podcast is a series examining the quantum threat to Bitcoin, designed to be watched in sequence. Each episode opens with a discussion between the hosts, presents extended interviews with expert guests on a single key question, and closes with a recap of how the evidence has changed their thi...