Quantum Smartphone Bitcoin Miner/Node

If you read the title, I know you rolled your eyes.

Especially if you understand each and every single one of those words.

I know, threw a bunch of cool buzzwords together and attracted your attention. But I want to tell you it was no cheap trick. 

Today, let us imagine something cool. Something that will inspire awe and glee.

Imagine a future world, once upon a time. Where, if you, me, or anybody else buys a smartphone, we literally elevate ourselves to the level of powerful bona fide citizens of our respective countries. 

This is because these phones shall be used to for example vote politicians in such a way that if you don't vote, nobody else can do it on your behalf. They also cannot force you to vote (Hogwash. I can explain. Give me 10 minutes), and they can't hack your password / steal your phone and profit from that activity.

So what, will the phones be like DNA fingerprint readers and whatnot?"

 Close. See, these phones will be;

1. Bitcoin Nodes

Ok, I know. It is impossible and I shouldn't try to lie. The Bitcoin blockchain is currently 500GB in size and needs upwards of 8GB RAM and needs a super fast sick ASIC processor and noooo. You're wrong. 

If only last year, Brazillian Bitcoiner Ricardo Resi was able to run a full Bitcoin node using an old Samsung J9, what do you think you could do with your Google Pixel if it wasn't buzzing you up with all those useless features smartphones today carry? 

Smartphones today can come with Terrabytes of storage and GigaHerytz of clock speed. And if they run low, we have external hard drives and accelerator cards. If they still get glitchy, we have StackExchange and StackOverflow.

 2. Bitcoin Miners

Contrary to what you heard from your noob Bitcoiner neighbor, mining Bitcoins is not a complicated process. It is only a very competitive process. Otherwise, absent competition, you can mine bitcoins with pencil and paper to your heart's content. 

Come April 2024, the Bitcoin halving will kick in and this means that all the Bitcoin central bankers in the world a.k.a BTC Miners will have their entire business prospects slashed in half. Not by malice. Simply the hard but warm, assuring, sweet, most-fair logic of the Bitcoin blockchain. 4 years later, it will happen again.

And again.

And again.

Essentially, minting bitcoins is a business working itself out of existence. Soon, block mining, not bitcoin mining, will be all that shall be left and once the competition comes down, the difficulty shall adjust downwards and mining fees will plummet. While the ever-growing power of smartphones catches up to make smartphones pretty decent block miners.

SO. Instead of burning away their time playing Tetris, Candy Crush or Lichess (my bad), our grandkids shall play Block Miner and help keep the Bitcoin blockchain decentralized. For fun. Yeah, it may be modeled like Tetris. But that will be really cool.

3. Quantum Computers

The power of quantum computers makes little sense to most people today because it is still stuck in the abstract/punched card phase. To paint a picture, imagine Alan Turing being born in the Middle Ages and writing a great paper about Universal Turing Machines, in a world where the notion of chemical elements like silicon is not yet a reality. What a blow to Turing. And even if people can imagine whatever he claims, alas, they first have to invent chemistry and doping and nanotechnology and etc.

For us, we still struggle to imagine well how the landscape shall even unfold. To top that, the hardware science for these computers is still growing, so it is currently as hit and miss and was the first science of chemistry - Alchemy.

The pace of progress is a good one however and very soon, powerful quantum smartphones shall be a reality. Meanwhile, we ought to settle for tricks like Quantum Random Number Generation that enable us create highly random passwords. The more randomized the password, the safer it is from any form of attack be it a brute-force or the birthday attack or anything. 

* * *

And that was my point really, Passwords. 

See, we currently are big fans of keeping passwords somewhere unsafe, like the cloud. And until the invention of Bitcoin 15 years ago, few people took the idea of keeping passwords that seriously.

But as humanity trudges forward, people keeping highly complex password strings on their fingertips might become second nature. We just might become Homo Invictus as regards our ability to keep a bunch of unbreakable passwords close to our chests. To only be revealed to the worthy.

With passwords and phones running on Bitcoin, elections can be voted by sending a certain amount of bitcoins to candidate X and not Y. X, whom we love and trust to use our coins well.

Right now, we are nobodys. Few Presidents would ever beg us if were refused them a favour. Once the price of 1 BTC hits $1M, whatever can I say? Bitcoin wins and politics takes a bow of respect.