Michael Saylor Refutes Quantum Computing Threat: Bitcoin is Much Safer Than Banks and Tech Giants
ChainCatcher reports that Bitcoin staunch supporter and Strategy founder Michael Saylor stated in an interview with Bloomberg that he is not concerned about quantum computing posing a threat to Bitcoin, calling it overhyped.
Saylor believes that quantum computing truly threatens traditional systems like Microsoft, Google, JPMorgan, and the U.S. government, rather than Bitcoin. He emphasized that even if breakthroughs in quantum technology occur in the next ten to twenty years, blockchain systems are fully capable of upgrading to mitigate risks. The more immediate threat is phishing, not quantum attacks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Federal Reserve's hawkish rate cut expectations have reversed, and the next rate cut may be in March.
Overview of Major Overnight Developments on December 11
a16z Crypto establishes its first office in South Korea
State Street and Galaxy to launch tokenized liquidity fund on Solana in 2026
