Yeah, your instincts are correct. I have shared this paper in my company's quantum slack channel (wasn't aware we had one) after I shared it in the watercooler channel. We will see how this goes... 

I have asked people to debunk it or at least give some defense of the research field. I'm not a cryptographer but this article wasn't over my head and makes a pretty strong case for suspicion of the demos. The tech industry has a long track record of faking stuff. Vaporware is a real thing.

My take on this is the same as bitcoin. I wanna see steel-man arguments, not straw-man ones. Poke holes in it. Is the logic flawed? Its easy to throw around technical info and dazzle people with your bs. We have seen it over and over again in the crypto space. Seemingly smart people being fooled over and over again.

kepford

tech

Quantum Computing is a Physics Experiment, Not Computation — Bitcoin is Fine

The technical detail on a lot of this stuff goes over my head. 

However, the point that made me not worry about quantum encryption breaking bitcoin anytime soon was that the legacy financial system is less secure and has more wealth in it. 

As long as bank accounts are safe, so is my bitcoin. 