Fireblocks CEO says quantum computing not a technical threat to Bitcoin

Michael Shaulov, CEO of crypto infrastructure firm Fireblocks, has dismissed concerns that quantum computers pose a technical threat to Bitcoin, Decrypt reported. He argued that transitioning to quantum-resistant cryptography is less a technical challenge and more a matter of ecosystem cooperation and coordination. Shaulov identified the real barriers to institutional adoption as issues like North Korean hacking and privacy. He explained that the key is collective effort, noting that Bitcoin has successfully changed its signature scheme in the past, which demonstrates the network's ability to coordinate on large-scale updates.