Saylor Downplays Quantum Computing Threat to Bitcoin's Security
Bitcoin's security in the face of quantum computing has been a topic of debate among crypto enthusiasts. Michael Saylor, executive chairman of Strategy, recently shared his thoughts on the matter during an appearance on Natalie Brunell's Coin Stories podcast.
Saylor emphasized that any meaningful quantum-related risk is still at least a decade away. He noted that major breakthroughs would not catch the industry off guard and that global banking systems, internet infrastructure, consumer devices, artificial intelligence (AI) networks, and crypto protocols, including Bitcoin, would coordinate software upgrades to quantum-resistant cryptography if a threat materialized.
Saylor also downplayed fears of Bitcoin facing isolated vulnerability. He pointed out that major corporations, financial institutions, and governments worldwide rely on digital systems that would face similar exposure in the event of a credible quantum breakthrough.