Michael Saylor, founder of Strategy, recently addressed concerns about the impact of quantum computing on Bitcoin during an interview with CNBC, as reported by Coindesk. He emphasized that the Bitcoin network is equipped to handle emerging technological threats through timely protocol upgrades, mitigating any potential risks posed by advancements in quantum technology. Saylor dismissed claims that quantum computing poses an immediate danger to Bitcoin as largely promotional tactics designed to market speculative tokens.
Highlighting the broader industry perspective, Saylor noted that major technology firms like Google and Microsoft have no incentive to develop quantum machines capable of breaking current encryption standards, as such breakthroughs would jeopardize their own business models, alongside critical infrastructures including the U.S. government and global banking systems. This stance reinforces the resilience of Bitcoin’s cryptographic security in the face of evolving computational capabilities.