Michael Saylor Labels Quantum Threat Bitcoin As Hype Bitcoin bull Michael Saylor has downplayed conc
Michael Saylor Labels Quantum Threat Bitcoin As HypeBitcoin bull Michael Saylor has downplayed concerns over quantum computing’s impact on Bitcoin, calling it a marketing ploy to pump quantum-branded tokens. “It’s mainly marketing from people that want to sell you the next quantum yo-yo token,” Strategy’s executive chairman said in a June 6 interview on CNBC’s “Squawk Box.”Quantum computing’s potential impact on Bitcoin has been labeled as a significant threat to Bitcoin’s security. According to the quantum computing research firm Project Eleven, 10 million Bitcoin addresses have exposed public keys and more than 6 million Bitcoin could be at risk if the machines become powerful enough to crack Bitcoin elliptic curve cryptography (ECC) keys.But even if a legitimate quantum computing threat emerged from a tech giant, they wouldn’t release it as doing so could put their businesses and even the US government at risk, Saylor said.“Google and Microsoft aren’t going to sell you a computer that cracks modern cryptography because it would destroy Google and Microsoft and the US Government and the banking system.”For anyone concerned about quantum computing hacking Bitcoin, please listen to @saylor calmly and rationally explain why you should sleep soundly at night. pic.twitter.com/X0XzZZl0Cd— Natalie Brunell ⚡️ (@natbrunell) June 6, 2025 Bitcoin would just need to be upgraded, Saylor s
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