Michael Saylor, co-founder of Strategy, dismissed concerns regarding quantum computing as a significant threat to Bitcoin, labeling such fears as overblown. In an interview, Saylor highlighted that while quantum computers have made advancements, they still lack practical applications. He noted that the real danger to Bitcoin users lies in phishing scams rather than quantum attacks. Saylor expressed confidence that if quantum threats materialize in the next decade, blockchain technology could be adapted to resist them. He asserted that major corporations like Microsoft and Google would never release quantum tools that could compromise cryptography as it would threaten their own business models. Despite research suggesting it might become easier for quantum computers to break RSA encryption, Saylor emphasized that Bitcoin would not be the first target of such threats; more vulnerable systems will likely be prioritized. He remains optimistic about the evolution of cryptocurrencies and sees them as capable of adapting to any potential quantum risks.

Source 🔗