Saylor Says Quantum Risk to Bitcoin is distant and Manageable
Michael Saylor believes the quantum computing threat to Bitcoin is over a decade away and manageable through necessary software upgrades.Summary
MicroStrategy CEO Michael Saylor asserted that concerns regarding quantum computing posing a threat to Bitcoin are overstated, estimating that any credible quantum risk is likely more than ten years in the future. He argued that if such a threat materializes, the global digital infrastructure, including banking systems, the internet, and crypto protocols like Bitcoin, would coordinate software upgrades to adopt post-quantum-resistant cryptography. Saylor emphasized that Bitcoin's software is designed to evolve, and the crypto community, being the most sophisticated in cybersecurity, would be among the first to perceive and react to the threat, leading the way in implementing necessary security measures. This contrasts with warnings from others like Ethereum co-founder Vitalik Buterin, who has urged faster transitions to quantum-resistant systems due to higher perceived near-term risks.
(Source：Cointelegraph)