Wealth Systems

Wealth Systems

Quantum Noise

Matt McDonagh's avatar
Matt McDonagh
Dec 29, 2025
∙ Paid

Every few months, the fake news cycle spins up again.

You know the headlines I mean:

“Quantum Computers Will Kill Bitcoin.”

“A ‘Q-Day’ Attack Could Steal Trillions.”

“Scientists ‘Surprised’ at How Quickly Quantum is Advancing.”

It’s a great story.

A Hollywood-level threat, a high-tech boogeyman that pits a futuristic, almost magical technology against the digital gold we’ve been told is “unbreakable.” The media loves it. Your banker friends who still think Bitcoin is “tulip bulbs” love it. They do dances like this as they imagine Bitcoin’s demise:

It’s the ultimate “I told you so.”

And it’s ultimately… horseshit.

I’ve been in Bitcoin since 2013. I was in investment banking, I’ve run the full startup race and sold a company to Facebook (as a pref equity investor, not the visionary founder!) Now I run a family office, build AI tools for my portcos, and spend my days separating signal from noise.

And let me tell you: the “quantum threat” is the single most overhyped, misanalyzed, and fundamenta…

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