BlackRock Warns: Quantum Threat Could Shake Bitcoin’s Foundations
Key Highlights:
1. iShares Bitcoin ETF Adds Quantum Risk Warning
BlackRock updates IBIT prospectus to include expanded risks from quantum computing.
Cites potential for future quantum systems to break Bitcoin's cryptography.
Calls for broad community consensus to implement quantum-resistant upgrades.
2. Threat Remains Speculative — But Not Ignored
Disclosures are standard precautionary steps, not predictions.
Similar risk noted in iShares Ethereum ETF filing.
Industry experts say it’s routine to list all possible risks, no matter how distant.
3. Quantum Risks Explained
Bitcoin's cryptography secures wallets & transactions.
Quantum breakthroughs could let bad actors steal assets or disrupt trust.
Upgrades would likely require network forks and deep coordination.
What It Means:
BlackRock isn’t predicting doom — but it is acknowledging the long-term tech risks facing crypto. As quantum computers evolve, digital asset security models may need a reboot.
