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dandanuayesterday at 5:52 AM5 repliesview on HN

Why do they care about cryptocurrencies but not about the entire world's infrastructures that are based on RSA and elliptic curve algorithms, such as HTTPS and many other electronic signature solutions? Is this a case of cryptocurrency market manipulation?

And why do they think that the US government would care about securing cryptocurrencies? Aren't they designed to circumvent the government regulation?


Replies

FrasiertheLionyesterday at 4:35 PM

Yes they absolutely care and have been doing serious work to migrate PKI to PQC.

This was the first of several articles coming out of Google: https://blog.google/innovation-and-ai/technology/safety-secu...

And the timeline for web migration is 2027 Q1: https://security.googleblog.com/2026/02/cultivating-robust-a...

And this was Sophie Schmieg’s talk at a cryptography conference this month (they lead PQC migration efforts at Google) tracking migration efforts and urging folks to prioritize signature migrations in lieu of accelerated quantum timelines: https://westerbaan.name/~bas/rwpqc2026/sophie.pdf

vessenesyesterday at 7:08 AM

> Is this market manipulation?

No

> why do they think that the US government would care about securing cryptocurrencies?

Our largest institutions manage tens of billions of dollars in cryptocurrency and the US government has designated currencies appropriate for the strategic crypto reserve

> Why do they [not care] about the entire world's infrastructures that are based on RSA and elliptic curve algorithms, such as HTTPS

I'm sure they do. But if you had a working quantum computer that could a) get Satoshi's keys or b) read some emails, most people choose door a first. So it's both a smoke test and a high value target with an easy to assess dollar value.

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dbdryesterday at 7:30 AM

For one thing, stablecoin issuers hold more than $100B of US treasury bills, on the same level as some major countries. For better or worse, the old and new systems are interconnected now.

https://www.brookings.edu/articles/the-rise-of-stablecoins-a...

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cinquembtoday at 12:04 AM

Citibank has a good report: https://www.citigroup.com/rcs/citigpa/storage/public/Citi_In...

Tradfi has way more at risk... and the hardware/software that cant be upgraded that the financial system uses every day...

throawayontheyesterday at 7:22 AM

https://security.googleblog.com/2026/02/cultivating-robust-a...

i think google is just a disgustingly large company lol, it's hard to talk about them "caring" about one thing but not another