Quantum Computing Won’t Kill Bitcoin, Says Michael Saylor
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Michael Saylor, the executive chairman of Strategy and one of Bitcoin’s most outspoken supporters, believes fears over quantum computing are being blown out of proportion.
In a recent interview, he argued that concerns about Bitcoin’s cryptographic vulnerability are being used as marketing tools by promoters of so-called “quantum-resistant” coins.
Saylor doesn’t see an actual threat on the horizon. He pointed out that companies like Google and Microsoft would be the first to suffer if modern encryption was suddenly obsolete, and therefore have strong incentives to protect it. “They won’t release tools that can break their own systems,” he remarked.
Other experts agree the threat is far from imminent. Blockstream CEO Adam Back acknowledges quantum computing could be relevant one day, but insists it’s a decades-long timeline. Meanwhile, the Bitcoin community is already laying the groundwork to stay ahead—developing gradual upgrades that could secure funds against future advances without disrupting the system.
Rather than panic, Back recommends methodical evolution. Incorporating advanced cryptography like Schnorr signatures and SLH-DSA would offer enhanced security with minimal user impact. The goal is to avoid market fear triggered by media exaggeration of lab-level breakthroughs that won’t affect cryptographic systems for years.
In short, the message from Bitcoin’s advocates is clear: stay calm, keep building, and don’t fall for the quantum scare headlines.
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