Guavy Logo
Guavy AI Editorial TeamSentiment: 2.5Clout: 78

Saylor Downplays Quantum Threat to Bitcoin's Security

Michael Saylor, executive chairman of MicroStrategy, has expressed his views on the threat of quantum computing to Bitcoin's security. In a recent interview, he stated that he does not believe that quantum computing represents Bitcoin's greatest security threat at present.

Saylor emphasized that major breakthroughs in quantum capabilities 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 credible threat materialized.

He noted that companies such as Google, Microsoft, Apple, Coinbase, and BlackRock, alongside global governments and major banks, rely on digital systems that would face similar exposure in the event of a credible quantum breakthrough. Saylor added that the crypto community is 'the most sophisticated cybersecurity community' and would be the first to perceive and react to any potential threat.