Bitcoin’s Quantum Threat: Michael Saylor’s Perspective

Michael Saylor, CEO of MicroStrategy, expresses no concern regarding the quantum computing threat to Bitcoin. Saylor emphasizes that the technology required to break Bitcoin using quantum computers is still far off, and Bitcoin possesses robust defense mechanisms. He notes that developing such technology would take many years, and Bitcoin will evolve and adapt to potential threats during that time. He stresses that the focus should be on current cryptographic advancements, and other risks to Bitcoin, such as market manipulation or traditional hacking, deserve greater attention for now. He adds that the Bitcoin team continuously works to improve network security and closely monitors quantum computing progress. Saylor believes Bitcoin will remain resilient against these future threats due to its flexibility and adaptability. This statement serves as reassurance for investors concerned about the impact of quantum computing on their Bitcoin investments.