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Nic Carter: If Quantum Risk Is Neglected Long Term, Institutions May 'Take Over' Bitcoin Development Governance

BlockBeats News, February 15th - Venture capitalist Nic Carter recently stated on a podcast that Bitcoin developers' long-term inaction regarding the potential threat of quantum computing to Bitcoin could lead to dissatisfaction among large institutions holding a significant amount of Bitcoin (such as BlackRock), ultimately triggering an "institutional takeover." Nic Carter warned that institutions will not tolerate the long-term neglect of Bitcoin's core security issues. "If developers continue to do nothing, institutions will lose patience, fire the current developers, and bring in new ones." (Cointelegraph)

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In his blog, Nic Carter invited Guy Young, founder and CEO of Ethena, to discuss the development of stablecoins in recent times, what inspired the creation of Ethena, and how to address the issues surrounding stablecoins.
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