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
Data: 46,900 SOL transferred from Wintermute to an exchange, worth approximately $6.53 million
Data: 5,959 ETH transferred from one exchange to another, valued at approximately $18.09 million.
Tether suspends bitcoin mining in Uruguay due to rising energy costs, laying off 30 local employees
