Saudi Arabia has announced its first quantum computer, reigniting the perennial debate about the potential threat of quantum computing to Bitcoin's cryptographic security. Decrypt reports on the development, questioning if the technology poses a risk to the blockchain. While this is a significant technological leap for the region, experts generally agree that current quantum capabilities are far from breaking standard encryption methods used in cryptocurrencies. The news serves as a reminder of the long-term need for post-quantum cryptography in the blockchain space, though immediate risks remain theoretical.