🔸 Michael Saylor Minimizes the Quantum Threat to Bitcoin.
Michael Saylor, executive chairman of Strategy, stated on CNBC that the Bitcoin network will eventually be updated to neutralize the threat of quantum computers. Although BlackRock warned about this possibility, Saylor dismisses it, arguing that Bitcoin is an adaptable protocol that receives software updates annually, just like any other tech company. He believes that the concerns are mainly "marketing" and that companies like Google, Microsoft, or even the U.S. government would not develop a technology that could break modern cryptography, as that would destroy their own systems. For Saylor, the biggest security threat to Bitcoin is phishing. Despite a report from Presto Research indicating that the crypto industry is "not prepared" for the quantum threat, the price of BTC remains strong above $100K, suggesting a lack of concern among traders.