Summary
- Michael Saylor said that quantum computing will strengthen Bitcoin (BTC)'s security and network structure.
- He said that network upgrades, asset migration, and freezing of lost assets will strengthen BTC security and reduce selling volume.
- Saylor emphasized that it is possible to respond to quantum computing risks through network-level upgrades and asset movements.
Michael Saylor, co-founder of MicroStrategy (MSTR), said that quantum computing could act to strengthen the network security and structure of Bitcoin (BTC) rather than threaten it.
On the 16th (local time), Saylor said on X (formerly Twitter), "Quantum computing will not collapse BTC but will rather strengthen it," adding, "The network will be upgraded, active supply will migrate, and lost supply will be frozen."
He added, "Security will be strengthened and selling volume will decrease. BTC will become stronger." His point was that, amid concerns that advances in quantum computing could pose potential risks to existing cryptographic systems, it is possible to respond through network-level upgrades and asset movements.
Earlier, in June, Saylor also said that claims that quantum computers would threaten BTC were exaggerated.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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