Michael Saylor Downplays Bitcoin’s Quantum Threat

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BlackRock calls Quantum computers, with their ability to outperform classical binary computers and break traditional encryption, a threat to crypto.

So surely BTC would price this in, as the threat of computers soon being able to break the encryption that enables the scarcity of bitcoin is an existential one.

But on a recent CNBC appearance, Strategy’s Michael Saylor downplayed quantum’s threat to BTC, arguing that the Bitcoin protocol would implement a software upgrade – just like any other tech company – when the threat becomes imminent.