Episode

Why Bitcoin's Biggest Threat Just Divided Wall Street

Podcast
The Wolf Of All Streets
Published
Apr 29, 2026
Duration seconds
1991
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https://pdst.fm/e/pdst.fm/e/traffic.megaphone.fm/MANA7214059772.mp3?updated=1777471386
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Summary

Wall Street just split on the biggest threat facing Bitcoin — and it's not regulation. Goldman Sachs walked away from quantum computing research while JPMorgan doubles down with a 50-person team. Coinbase is warning the industry has 5 to 10 years before quantum machines can crack blockchain encryption, and one Bitcoin developer is already proposing a hard fork to reassign Satoshi's coins before that window closes. Meanwhile, the Fed is expected to hold rates steady in what could be Powell's final meeting as chair, DeFi is scrambling through a $300 million bailout after the Kelp DAO hack, and the Treasury just froze $344 million in crypto tied to Iran. We break it all down live. Learn more about your ad choices. Visit megaphone.fm/adchoices