Wu Blockchain (@WuBlockchain): BitGo CEO Pushes Back Against Report Warning Quantum Computing Could Threaten BTC Wallets by 2030
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BitGo CEO Pushes Back Against Report Warning Quantum Computing Could Threaten BTC Wallets by 2030 CoinDesk reported that post-quantum security firm Project Eleven warned quantum computing could threaten BTC wallet security by 2030. The firm said Bitcoin's bigger challenge is not technical, but coordination: users, exchanges, custodians and miners would all need to migrate to post-quantum cryptography at the same time. BitGo CEO Mike Belshe pushed back, arguing that the warning comes from a company whose business model depends on public concern over quantum computing. Source: https://x.com/mikebelshe/status/2053273766453776806?s=20