What will Quantum Computing Change?

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

Links

• John Lilic on X: https://x.com/LilicJohn

• Stefano Gogioso on X: https://x.com/StefanoGogioso

• NeverLocal: https://neverlocal.com

• Quantum.info: https://quantum.info

• Gnosis: https://gnosis.io/

Sponsors:

Gnosis: Gnosis has been building core decentralized infrastructure for the Ethereum ecosystem since 2015. With the launch of Gnosis Pay last year, we introduced the world's first Decentralized Payment Network. Start leveraging its power today at http://gnosis.io