Financial giant BlackRock has warned investors about a potential cybersecurity threat to Bitcoin from powerful quantum computers. In a recently filed report regarding its Bitcoin investment product, the company predicts that these super-advanced computers could compromise Bitcoin’s security by breaking existing encryption mechanisms used for transactions. 🤔 Currently, systems like SHA-256 and ECDSA protect Bitcoin wallets, allowing users to transfer coins only with their private keys. However, BlackRock highlights that if quantum computers become advanced enough – a timeline they estimate will be around 10-20 years away – they could potentially decipher these keys and steal Bitcoin before confirming transactions.