“It’s mainly marketing from people that want to sell you the next quantum yo-yo token.”
According to him, the idea that quantum machines could soon compromise Bitcoin’s cryptographic foundations is overblown because major tech companies and institutions have a vested interest in protecting cryptographic systems.
He stated:
“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.”
While Saylor downplays the urgency, some in the crypto space agree that preparation, not panic, is the proper response for the impending situation.
This would allow users to gradually move funds to addresses designed to withstand future quantum attacks, without incurring additional costs today.
He argued that these proactive steps can help avoid market panic driven by sensationalist headlines.
“[This will ensure] we don’t see bitcoin price wobbles caused by information asymmetry confusion from breathless over-reporting of incremental improvements of early stage quantum compute physics and algorithms – on a probable multi-decade path to cryptographic relevance.”
