Saylor Says There’s No Consensus on Bitcoin Quantum Threat
Analysis
Price Impact
LowMichael saylor, a prominent bitcoin proponent, downplayed concerns about quantum computing posing a threat to bitcoin. while this could reassure some investors, the actual threat level and timeline are still debated within the broader crypto community and tech industry, limiting the immediate price impact.
Trustworthiness
MediumMichael saylor is a highly influential figure in the bitcoin space, and his opinions carry weight. however, his perspective is inherently biased as a major bitcoin holder and advocate. the 'quantum threat' is a legitimate concern for cryptographers and technologists, and dismissing it entirely might be an oversimplification.
Price Direction
NeutralSaylor's comments are unlikely to cause a significant price swing. while reassuring to some, the 'quantum threat' remains a topic of discussion, and the consensus on its immediate impact is still forming. investors are likely to wait for more concrete developments or a broader consensus before making major decisions based on this news alone.
Time Effect
LongSaylor suggests waiting about 10 years for a consensus on how to handle quantum threats. this implies that any potential impact, positive or negative, is a long-term consideration rather than an immediate concern for the price of bitcoin.
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Article Content:
Cover image via U.Today Read U.TODAY on Google News The business of alarmism Waiting for 10 years Advertisement During a recent podcast appearance , MicroStrategy founder Michael Saylor dismissed the rising concerns over quantum computing as merely the latest iteration of "alarmist narratives." He has noted that there is no consensus regarding the threat. Saylor has argued that the "quantum threat" can be viewed as a recycled psychological tactic. He has compared it to previous fears, including the infamous block size disputes or China's mining ban. "They will continue. Quantum will be one," Saylor said. "It used to be, you know, there's a debate, well, you know, the Chinese will they'll control all the mining... Then it's like the Chinese control the mining equipment. Oh, there might be a back door in the mining equipment. Oh, no, the Chinese ban Bitcoin mining." HOT Stories Michael Saylor Teases New Bitcoin Buy, XRP Ledger Transactions Jump 40%, Shiba Inu Price Hits $3.6 Billion Market Cap Wall — U.Today Crypto Digest Morning Crypto Report: 12.25 Million XRP Leave OKX by February, Cowen Projects March Bitcoin Peak, USDT Liquidity Now Mirrors 2022 Bottom You Might Also Like Sun, 02/22/2026 - 18:30 Strategy on Track to Reach 750K BTC as Saylor Teases Another Purchase By Alex Dovbnya Advertisement Saylor noted that each of these narratives collapsed, and critics simply pivoted to the next available fear. "I would say at this point the reason we're talking about quantum is that all of the other risks did not materialize," he explained. "I would say this entire quantum fear is just the latest quantum fun because there's nothing else to talk about." The business of alarmism Saylor argued that these narratives are often manufactured by what he calls "ambitious opportunists" or "idealistic intellectuals" who use fear to glean engagement, capital, or power Advertisement He warned that 99 out of 100 of these narratives are essentially business models for the people pushing them. "If I wasn't preaching it, how am I getting rich?" he asked. Waiting for 10 years Saylor believes that it would be prudent to wait roughly 10 years before there is a network consensus regarding potential upgrades. "The nodes will be upgraded, the hardware will be upgraded, the wallets will be upgraded, the exchanges will be upgraded. How will they upgrade? Well, wait 10 years. There will be a global consensus about the best way to deal with it." #Bitcoin News #Michael Saylor #Quantum Computing