The U.S. government is investing over $2 billion in quantum computing to address the risk that future quantum machines could break current encryption protecting financial systems, cryptocurrencies, and military networks. IBM will receive $1 billion in federal funding and contribute another $1 billion to build a quantum wafer foundry named Anderon in Albany, New York. The facility will manufacture advanced superconducting quantum chips and aims to accelerate large-scale, fault-tolerant quantum computers by 2029. Other companies, including GlobalFoundries and several quantum startups, will receive additional funding, with the government taking equity stakes. Quantum chips use qubits, capable of existing in multiple states, enabling exponentially faster problem solving than classical computers. Manufacturing these chips remains a technical challenge due to precision and low error requirements. The announcement comes amid rising concerns that “Q-Day”—the moment quantum computers can break existing cryptography—could arrive as early as 2030, potentially putting Bitcoin, Ethereum, and much of internet security at risk. Blockchains are especially vulnerable due to irreversible transactions and transparent key exposure, with Bitcoin considered more exposed than Ethereum.