Qureshi, a partner at Dragonfly, has rejected what he calls 'bunker mode' doomerism. The term refers to the defensive response some people propose if AI models become able to break the cryptographic signatures that blockchains use. Cointelegraph published the story on Oct 9, 2026. It was written by Zoltan Vardai and edited by Michael Millard.
Qureshi's main point is that moving assets somewhere else does not solve the problem. He argued that if AI models can break cryptographic signatures, asset migration is not a real fix. He wants blockchains to take proactive measures instead of waiting.
The report does not say which measures Qureshi has in mind. It also does not name the people who hold the 'bunker mode' view or give any timeline for when AI could break signatures. Those details are not yet known from this report.
For someone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this changes nothing directly. The story is one investor's argument about long-term blockchain security. It does not report any change to funding rates, trading fees or liquidity on these exchanges, and it does not report any action by an exchange or a blockchain.
Source: cointelegraph — Dragonfly partner rejects ‘bunker mode’ doomerism, calls for proactive blockchain measures