Yeah BlackRock Issues Bitcoin Warning, Says BTC Source Code Could Be Rendered ‘Flawed or Ineffective’ by Quantum Computing
It is a fud attempt from BlackRock with hope of creating panic sell and dumping the market for their accumulation at cheaper prices. Did BlackRock do due diligent research about Bitcoin, fundamentally and technicaly before submit their Bitcoin Spot ETF application?
No this is not FUD by BlackRock. It's more of a insurance
BlackRock gain nothing from creating FUD. They don't buy Bitcoin with their funds but that of investors
They are more like custodians and are paid a fee for holding your Bitcoin.
Nothing new the case about quantum threat has been ongoing before BlackRock made this statement
Which should some weeks ago.
If I have a quantum machine with such computing power Bitcoin wouldn't even be the top ten in my mind.
They made this to let investors know about potential risk not existing risk
Quantum machines ain't a threat to Bitcoin currently maybe in decades.