Michael Saylor Addresses Quantum Computing Risk: Threat Still at Least 10 Years Away, Strategy to Launch Bitcoin Security Initiative

BlockBeats News, February 6th, Michael Saylor responded to concerns about Bitcoin's quantum computing risk during the fourth-quarter earnings call for Strategy, stating that such claims are just FUD surrounding Bitcoin and dismissing them.

Michael Saylor stated that quantum computing is still over 10 years away from true maturity and is currently a prospective but early-stage technology. Many industries, including financial services and defense, still heavily rely on traditional cryptographic systems. Globally, efforts are ongoing to intensify investment and research into quantum-resistant protocols. The Bitcoin community has also engaged in discussions and participation in relevant research and development work. If Bitcoin does indeed need to be upgraded in the future, a global consensus will be reached.

After completing the quantum security upgrade, Bitcoin will only become stronger. Strategy will launch a Bitcoin security initiative, collaborating with the global cybersecurity, cryptography, and Bitcoin security communities.