BitMEX Proposes ‘Canary Fund’ Alternative in Bitcoin Quantum-Security Debate

BitMEX Research has proposed a ‘quantum canary fund’ mechanism for Bitcoin that would trigger a coin freeze only if a quantum computing threat is demonstrably real, positioning the idea as a direct counter to BIP-361’s preemptive forced-migration approach. The proposal lands in the middle of an active governance fight over how Bitcoin should respond to quantum risk, and whether protocol-level coerci…