TLDR
- Michael Saylor states that quantum computing won’t pose a threat to Bitcoin for more than a decade.
- He refers to the current fears about quantum computing as “FUD” and compares them to past unsuccessful criticisms of Bitcoin.
- Vitalik Buterin of Ethereum is more cautious, warning that elliptic curve cryptography could fail before 2028.
- Bitcoin dropped below $65,000, and the drop is attributed to fears of Trump’s tariffs, not quantum risk.
- After its 100th Bitcoin purchase, Strategy now holds 717,722 BTC worth approximately $54.56 billion.
Michael Saylor, the executive chairman of Strategy, claims that quantum computing doesn’t currently pose a threat to Bitcoin. When speaking on Natalie Brunell’s Coin Stories, he mentioned that the cybersecurity community generally agrees that any real quantum threat is more than a decade away.
Saylor called the current narrative about quantum computing “FUD.” He compared it to past criticisms of Bitcoin, such as block size wars, Chinese mining bans, and energy – related arguments, none of which managed to bring down the network.
He said that if a quantum breakthrough were to occur, the entire digital world would face the same risk. Banks, internet infrastructure, AI systems, and cryptocurrencies would all need to be upgraded simultaneously.
“You’ll see it coming. We’ll all see it coming,” Saylor said. He also added that Bitcoin’s software is designed to adapt, with nodes, hardware, and wallets all being capable of upgrading.
Saylor also mentioned that the crypto community is likely to be the first to detect and respond to any quantum threat, highlighting the strong security standards already in place to protect digital assets.
Not Everyone Agrees
Ethereum co – founder Vitalik Buterin has a different view. He has cited forecasts indicating a 20% chance that quantum computers capable of breaking current cryptography could appear before 2030.
Buterin warned that elliptic curve cryptography, which secures both Ethereum and Bitcoin, could fail before the 2028 US presidential election. He urged a transition to quantum – resistant systems within four years.
The Ethereum Foundation has already taken action. It added post – quantum preparedness to its 2026 security roadmap and formed a dedicated Post – Quantum team in January.
CryptoQuant CEO Ki Young Ju has also warned that quantum computing could compromise millions of Bitcoin. He said that the scale of the risk needs to be discussed early, even if it’s not an immediate threat.
On – chain analyst Willy Woo added that quantum risk could reduce Bitcoin’s advantage over gold and said that markets should start factoring in the possibility of “Q Day.”
Bitcoin Price Falls on Tariff Fears
Bitcoin fell below $65,000, dropping nearly 5% in 24 hours, reaching its lowest level since early February. The drop occurred after President Trump announced new tariff measures, pushing the fear and greed index into the extreme fear zone.
Saylor linked Bitcoin’s price ceiling to a different issue: the lack of access to bank credit. He said that most Bitcoin holders can’t borrow against their holdings through regulated banks, unlike equity investors.
He said that rehypothecation in crypto lending markets could increase selling pressure, and that moving derivatives trading to regulated markets has helped reduce extreme price fluctuations.
Strategy completed its 100th Bitcoin purchase last week, buying 592 BTC for about $39.8 million. The company now holds 717,722 BTC, acquired for approximately $54.56 billion at an average price of $67,286 per coin.
