#quantumcomputers
Saylor Dismisses Bitcoin Quantum Threat as ‘Yo-Yo Token’ Hype 🚀
Michael Saylor, Strategy’s exec chairman, called quantum computing fears for Bitcoin a marketing ploy to pump “quantum yo-yo tokens” in a June 6 CNBC interview. 💸
🔐 Why No Worry?
• Saylor says even if tech giants like Google or Microsoft built quantum computers capable of cracking Bitcoin’s ECC keys, they wouldn’t release them—it’d risk their businesses, the US government, and the banking system.
• If a real threat emerges, Bitcoin’s core devs and hardware makers would upgrade the network’s software and hardware, just like any tech giant would.
• Phishing attacks are “10,000 times” more likely to steal your BTC than a quantum hack.
🧑💻 Quantum Reality Check
• Project Eleven claims 10M Bitcoin addresses with exposed public keys could be at risk if quantum computers crack ECC keys.
• Current quantum tech (IBM’s 156 qubits, Google’s 105 qubits) is far from the 2,000 logical qubits needed to break Bitcoin’s 256-bit keys.
• Project Eleven’s “Q-Day Prize” is testing quantum threats to Bitcoin, aiming to develop quantum-proof solutions.
Saylor’s take: Bitcoin’s the “hardest thing in the universe to hack.” 🛡️
