Deep Tide TechFlow News, on June 9, according to CoinDesk, MicroStrategy founder Michael Saylor recently stated on CNBC that the Bitcoin network will ultimately eliminate the threat of quantum computing to Bitcoin through software upgrades.
Although BlackRock warns that quantum computers could threaten Bitcoin's encryption system, Saylor believes this is mainly a marketing tactic and points out: "Google and Microsoft will not sell computers that can break modern cryptography, as it would destroy their own business as well as the U.S. government and banking system."
Currently, there are several proposals to address quantum threats, including a draft Bitcoin Improvement Proposal that suggests migrating all wallets to quantum-safe addresses through a hard fork. Saylor emphasizes that Bitcoin, as a protocol, undergoes software upgrades every year and believes that phishing attacks pose a greater security threat.
