Coinbase CEO calls for collective effort on Bitcoin's quantum resistance

Brian Armstrong, CEO of the largest U.S. cryptocurrency exchange Coinbase, said that making Bitcoin quantum-resistant is an urgent problem that everyone must work together to solve. He added that he plans to personally dedicate time to the issue, which he believes needs to be resolved as soon as possible. His comments follow earlier remarks from Coinbase Chief Strategy Officer (CSO) Philip Martin, who stated it is time to begin addressing the challenge of quantum computing. Martin noted that while quantum-resistant cryptography already exists, Bitcoin needs to accelerate its implementation. He specifically highlighted the need for an industry-wide consensus on how to handle wallets that are not upgraded before the emergence of a quantum computer capable of breaking Bitcoin's encryption. Martin emphasized that this problem cannot be solved by a single developer or company but requires a collaborative, ecosystem-wide response.