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The most buzzwordy thing I heard from a blockchain guy was from Vinay Gupta, of Ethereum fame. He said quantum computers can solve the economic calculation prob

by wycs 8y ago

The most buzzwordy thing I heard from a blockchain guy was from Vinay Gupta, of Ethereum fame. He said quantum computers can solve the economic calculation problem, so we can get Quantum/Blockchain/AI socialist central planning.

deleted 8y ago
[deleted]
s_kilk 8y ago
Unironically, we can already solve the calculation problem with standard computing techniques right now.
- nwah1 8y ago
  As long as we all go on the Stigler Diet
- wycs 8y ago
  To match the performance of a market economy, wouldn't that require modelling agents that themselves have access to the same computing techniques you have?
tango24 8y ago
Ironically, quantum computers could break the underlying premises of the elliptic curve cryptography [1] that is used in Ethereum, thereby breaking Ethereum. [1] https://en.wikipedia.org/wiki/Elliptic-curve_cryptography#Quantum_computing_attacks https://en.wikipedia.org/wiki/Elliptic-curve_cryptography#Qu...