Quote from: Ambatman on Today at 05:24:46 PM

Quote from: OcTradism on Today at 02:55:27 AM

Quote from: Silentcursor on Today at 01:20:00 AM

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.

I do agree with you! It's not a FUD they are trying to create. It's more of an official statement that says - "if the Bitcoins that we hold for you, get stolen due to the advancement of quantum computing, you can't hold me responsible and can't expect me to refund you".

It's a technique big corporations use to safeguard themselves in case anything goes wrong. I can assure you that this statement will soon become a part of their T&Cs, if not added already.