Qubic attack on Monero

The discussion raises a critical concern regarding the reliance on ASIC chips within the realm of computing and cryptocurrency mining. The primary issue highlighted is the potential risk of states colluding to monopolize ASIC production facilities. Such a scenario poses a significant threat, as it would grant these state actors undue control over the mining process, making it exceedingly difficult to dislodge them from this position of power. This situation underscores the vulnerabilities associated with centralized manufacturing in the context of ASIC technology and its implications for the broader digital economy.