Are there other cryptocurrencies that use quantum safe cryptography that aren't being affected by the downswing?

You could look at only two niche blockchains, QRL and ABEL, and they are both affected. Algorand is the most established L1 with a quite developed migration plan (https://algorand.co/technology/post-quantum) but also not really thriving. I think for Bitcoin in the longterm it is a massive risk psychologically, because what to do with all of the locked in value, that cannot be migrated. My guess is that the market panics and security breaks down, because it is not worth it anymore to run that many nodes. Best time to buy would be then and hope it recovers. It is actually a big chance to move just to another L1 which migrates. Those risks are all priced in.

or maybe they sont need an alternate criminal coin if you can now do fraud and crime in dollars with less transaction (bribe) cost.

Another idea is big players pulling out of the crypto market and putting it into the LLM market.

well I think you mean people with crypto rigs or whatever are too busy playing with LLMs.

Yeah, all it takes is a shift in the narrative to trigger capital reallocation.

Reference: https://www.youtube.com/watch?v=A-z7ZV87O64

Props for standing up for the truth

Yes, this seems unusually and suspiciously high. Given that Axa is an insurance and investment company, may have some conflict of interest.

Not useless if it pinpointed that most of the foundational research papers that initiated this trend were of dubious intellectual integrity- i.e. the source was compromised

Seems like an ad for agentic AI, until its implications:

> Microsoft now expects to achieve a scalable quantum computer by 2029, cutting its original timeline in half.

https://news.ycombinator.com/item?id=48376561

related: https://news.ycombinator.com/item?id=48243863

Sure, no one can predict the future. But even then, Tesla's fundamentals are shaky and it is held by Musk's ability to sell his story and brand, only some fundamentals hold- albeit the same 'fans' buying its cars might be invested in its stock. Same thing might be happening with Nvidia- hyperscalers heavily investing in infrastructure and pushing AI adoption to justify ROI.

The crypto market is 2.5T, essentially money parked in nonproductive assets. A simple public awakening and reallocation will suffice.

This kind of doesn't make sense. You don't park "money" "in" crypto. Crypto sits there, with its value set at the last sale price. There's nothing to stop the next sale price taking its value to zero without anything happening to real money other than some of it changing hands. It's not like crypto holders can sell $2.5T of crypto and plough it into equities, for a start some other investor will have to buy it from them for $2.5T and then we're in the same position we started in.

Explain to me how crashes work then, isn't it when there is an inconsistency on supply vs. demand?

It just takes a narrative shift to tumble it - ex: quantum to break crypto security.

Someone makes a trade at a lower price. That's all a crash is. It's a crash in price, nothings actually happening to the stock or the token or the money.