Quantum is no longer theoretical—it’s here. And as the arms race for post-quantum security heats up, the implications for Bitcoin and blockchain systems are real and rapidly approaching. Meanwhile, the Pi Network continues to stir passionate responses from both true believers and skeptical critics.
🧠 BlackRock Flags Quantum Computing as Risk for Bitcoin ETFs
BlackRock Flags Quantum as Bitcoin Threat
In a new regulatory filing on May 9, BlackRock officially added quantum computing to its list of risk disclosures for its iShares Bitcoin ETF. This is the first time the world’s largest asset manager has acknowledged quantum tech as a direct threat to Bitcoin. The worry? Quantum computers may one day break the elliptic curve cryptography (ECC) that secures Bitcoin wallets and transactions.
Though some analysts say this is routine legal language, others see it as a shift in how seriously institutions view emerging tech. The inclusion signals rising awareness at the top of the financial world.
"If Bitcoin gets cracked, everything is at risk."
My Take:
This is not science fiction. Microsoft’s Azure chip now claims scalability to a million qubits—up from just 1,000 last year. If you’re still thinking this is years away, think again. This isn’t just about crypto—this is about your emails, your bank, your medical records. If we’re not investing in post-quantum security now, we’re just gambling.
Expert Warning: Q-Day Might Already Be Here
David Carvalho leads Naoris Protocol, the first decentralized security platform using Post-Quantum Blockchain and Distributed AI., weighed in with a sobering take. He described the current moment as a “watershed” for crypto security. In his view, institutions like BlackRock acknowledging quantum threats signals that the risk is not just academic anymore. Cavallo warns that all digital infrastructure—blockchain or otherwise—could be compromised once a mid-scale quantum machine comes online.
Even more concerning is the threat of Harvest Now, Decrypt Later: adversaries are already harvesting encrypted data that quantum machines could break in the future.
"Quantum is coming for Bitcoin like a meteor came for the dinosaurs."
Listener Feedback: Pi Network Heats Up Again
The Pi Network conversation continued today with new perspectives from listeners. Eric wrote in to explain that Pi’s mining happens through a “security ring” of users, not traditional CPUs. He says his yields are locked at 250% once his ring hits the mainnet, though only a fraction of users are expected to migrate.
Another listener said they’ve been “hitting the button” for six years and are finally seeing it pay off.
"What we’ve accumulated is worth the time it took to hit the button every day for six years."
But Mikey came in with a deep critique, outlining the core issues:
Pi requires users to use its own wallet, nodes, and KYC process.
It is not open-source.
Volunteers verify user identity with no known data protections.
The system lacks decentralization, ownership clarity, and transparency.
Mikey summed up his skepticism by saying:
"Pi feels like a black box app using buzzwords like mining and consensus to attract users... If it works, it’ll likely be sold as a product, not run as a community chain."
My Take:
If you're in the Pi Army, make that money. Seriously—if you put in the time and you’re seeing a return, good for you. But Mikey’s points hit hard. Transparency, decentralization, and privacy aren't optional in crypto. If Pi can’t meet those standards, it’s a hype-driven honeypot.
More Listener Takes
Kaleb:
“The government should stay completely out of crypto. The Wild West independence was the point.”
My Response: A lot of us got into crypto for freedom—not red tape.
Crypto Prices (as of 9:30 a.m. EST / 8:30 a.m. CST)
Bitcoin: $104,075 (↑ 0.3%)
Market Cap: $2 trillion
Ethereum: $2,610 (↑ 2.7%)
Market Cap: $315.1 billion
XRP: $0.258 (↑ 1.7%)
BNB: $655 (flat)
Solana: $179 (↑ 2.8%)
Dogecoin: $0.236 (↑ 3.1%)
Cardano: $0.822 (↑ 2.2%)
Tron: $0.276 (↑ 4%)
Total Market Cap: $3.36 trillion (↑ 1%)
"We are 70% green across the board. It’s a good day."
Happy HODLing, Everyone.
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