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Saylor: Quantum Computing Won't Break Bitcoin This Decade

Yahoo Finance •
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Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), argues quantum computing poses no credible threat to Bitcoin this decade. Speaking on Natalie Brunell's Coin Stories podcast, Saylor emphasized that Bitcoin's software nature allows for upgrades before quantum computers can reliably exploit cryptographic vulnerabilities.

Saylor has made similar points before, noting in December that Bitcoin would adapt to quantum progress through stronger cryptography and updated standards. His comments come as developers formalize quantum readiness discussions in Bitcoin's public proposal process, including the publication of BIP-360 in the Bitcoin Improvement Proposals repository. The proposal is positioned as groundwork for potential quantum-hardening paths.

Saylor contends that quantum panic often misidentifies the real risk, which targets public-key cryptography rather than mining capabilities. He argues that global digital infrastructure, including Bitcoin, would implement upgrades before attackers could exploit quantum breakthroughs. This perspective aligns with security institutions preparing for post-quantum cryptography and emphasizing 'crypto agility' - the ability to swap cryptographic primitives without rebuilding entire systems.