Michael Saylor, executive chairman of MicroStrategy, said the risk quantum computing poses to Bitcoin is likely more than 10 years away, pushing back against growing concerns within the crypto industry. Speaking on a recent podcast appearance, Saylor argued that any credible breakthrough capable of breaking modern cryptography would be visible well in advance.
Quantum computing, which leverages principles of quantum mechanics to process complex calculations faster than classical systems, has raised fears that it could eventually compromise elliptic curve cryptography used by Bitcoin and Ethereum. However, Saylor maintained that global digital infrastructure — including banking networks, internet systems and artificial intelligence platforms — would upgrade to post-quantum security standards long before a crisis point.
Bitcoin Security and Post-Quantum Upgrades
Saylor emphasized that Bitcoin’s protocol is adaptable, allowing nodes, wallets and hardware systems to implement coordinated software upgrades if necessary. He described the crypto sector as one of the most security-focused communities in technology.
MicroStrategy, the largest corporate holder of Bitcoin, recently purchased 592 BTC for $39.8 million, bringing total holdings to 717,722 BTC acquired at an average price of $67,286.
While some industry figures warn that quantum breakthroughs could arrive before 2030, others argue the threat remains speculative and not an immediate driver of Bitcoin’s recent price volatility.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.