Michael Saylor says quantum threat to Bitcoin is more than 10 years away

[Outhue]

Complete waste of time, not until the threat turns into real thing, emergency stuff, that's when a solution will come into reality, I went back and did some research only to find out that the quantum threat as been in existence since 2017, and till 2026 it's just a part of strategy to cause panic in the market, honestly speaking this needs to get dropped by everyone until real quantum computers are coming into existence, until then I am switching off, away from quantum computers nonsense.

[X-ray]

We can just sway these articles off under the rug, until the problem becomes real and there would be no solution to it..

But it will be worked through and everything will be fine. Saylor is not the first to "alarm" about it.

It's not like everybody just stay silent not finding solution. Every blockchain out there are actively finding the best solution but still gathering information. From bitcoin to ethereum and solana has been activelty seeking for solution and it's about time they implemented the quantum resistant technology.

Recently the quantum computer has faced a roadblock as well on how they manage the error rate. What saylor said is probably true and we're still decade away from functional quantum computers that could actually break current cryptography.

[nemesis_incarnate]

We can just sway these articles off under the rug, until the problem becomes real and there would be no solution to it..

But it will be worked through and everything will be fine. Saylor is not the first to "alarm" about it.

It's not like everybody just stay silent not finding solution. Every blockchain out there are actively finding the best solution but still gathering information. From bitcoin to ethereum and solana has been activelty seeking for solution and it's about time they implemented the quantum resistant technology.

Recently the quantum computer has faced a roadblock as well on how they manage the error rate. What saylor said is probably true and we're still decade away from functional quantum computers that could actually break current cryptography.

They may be just doing it without such resonance as Saylor, because clearly, they shouldn't.

[purple_sparkles]

What do you think about this?

It was said few years ago as if quantum computer bitcoin vulnerability will be possible in few years more but only to found out that people are just postponing when the vulnerability can begin as another 10 years havr been added not only according to this news but according to what I am seeing online.

According to this news, Michael Saylor said it may take more than 10 years before the vulnerability, and that if something like it is approaching and there is any need for imminent upgrade, that prompt coordinated software upgrades across global banking systems, internet infrastructure, consumer devices, artificial intelligence networks and crypto protocols, including bitcoin.

Some people are only making people panic by constantly posting about bitcoin quantum vulnerability.

https://cointelegraph.com/news/saylor-says-quantum-threat-to-bitcoin-is-more-than-10-years-out-expects-coordinated-global-upgrade-if-risk-emerges

I think that not only the technologies capable of breaking systems are developing, but also the technologies designed to prevent such scenarios. For now, we still have time and the opportunity not to worry too much about it. But I would probably divide that time in half, and then start paying closer attention to how events unfold and look for ways to protect myself from potential losses. Although it would make sense to already begin exploring this gradually and calmly now.

[ultrloa]

What do you think about this?

It was said few years ago as if quantum computer bitcoin vulnerability will be possible in few years more but only to found out that people are just postponing when the vulnerability can begin as another 10 years havr been added not only according to this news but according to what I am seeing online.

According to this news, Michael Saylor said it may take more than 10 years before the vulnerability, and that if something like it is approaching and there is any need for imminent upgrade, that prompt coordinated software upgrades across global banking systems, internet infrastructure, consumer devices, artificial intelligence networks and crypto protocols, including bitcoin.

Some people are only making people panic by constantly posting about bitcoin quantum vulnerability.

https://cointelegraph.com/news/saylor-says-quantum-threat-to-bitcoin-is-more-than-10-years-out-expects-coordinated-global-upgrade-if-risk-emerges

I think that not only the technologies capable of breaking systems are developing, but also the technologies designed to prevent such scenarios. For now, we still have time and the opportunity not to worry too much about it. But I would probably divide that time in half, and then start paying closer attention to how events unfold and look for ways to protect myself from potential losses. Although it would make sense to already begin exploring this gradually and calmly now.

Its good to prepare on those possibilities, but its also bad for people to always think about that situation. For now its irrelevant to worry on something that we don't know when to happen.

So instead of getting crazy about the potential effect of that technology. Much better for people to focus on their investment since they can provably gain more from here than always think about quantum threats.

Focus on present action, but somehow find ways to prepare future. Don't let those situation which didn't happened yet affect them.

[_act_]

Its good to prepare on those possibilities, but its also bad for people to always think about that situation. For now its irrelevant to worry on something that we don't know when to happen.

We should be afraid if we do not know when it will happen. Saying quantum computers can not make bitcoin vulnerability in 10 years from now means people know that it can not happen in the next 10 years or the probability that it can happen is very little. That is what that will give people confidence.

So instead of getting crazy about the potential effect of that technology. Much better for people to focus on their investment since they can provably gain more from here than always think about quantum threats.

Yes, quantum computers versus bitcoin discussion is too much, I read about it several times on the news every month which I do not think it is worth it. If something like this will happen soon, bitcoin developers will migrate to quantum computers resistant cryptography.

[AmoreJaz]

Complete waste of time, not until the threat turns into real thing, emergency stuff, that's when a solution will come into reality, I went back and did some research only to find out that the quantum threat as been in existence since 2017, and till 2026 it's just a part of strategy to cause panic in the market, honestly speaking this needs to get dropped by everyone until real quantum computers are coming into existence, until then I am switching off, away from quantum computers nonsense.

That is very true, it was already in discussion like 10 years ago. And look at what we have now? Still doing business with crypto. So yes, my take here is that when we get there, for sure, developers already have found a way how to address this potential threat in this market.

[Lida93]

Complete waste of time, not until the threat turns into real thing, emergency stuff, that's when a solution will come into reality, I went back and did some research only to find out that the quantum threat as been in existence since 2017, and till 2026 it's just a part of strategy to cause panic in the market, honestly speaking this needs to get dropped by everyone until real quantum computers are coming into existence, until then I am switching off, away from quantum computers nonsense.

That is very true, it was already in discussion like 10 years ago. And look at what we have now? Still doing business with crypto. So yes, my take here is that when we get there, for sure, developers already have found a way how to address this potential threat in this market.

Occasions has shown that when a thing is receiving excess hype of this kind as it's giving to the quantum computers it ends up materialising to be less of the hypes. It's a decade already and I am thinking that while such invention is being calculated on to be developed a solution to it on the other side is being worked on as well. The threat is simply not to bitcoin alone and that's why am optimistic that there's no cause for alarm.

[retreat]

I understand that quantum computing poses a threat to Bitcoin, and there's a reason he's so concerned about it, as his company is heavily invested in Bitcoin. But he's just an investor, he probably only has a general understanding that quantum computing will be a threat in the next 10 years - perhaps a friend told him that. But the core developers certainly understand this better, and they've prepared for any eventuality in the event of a quantum threat. Saylor's concern about it doesn't mean anything. He can't dictate how developers act, even if he's invested heavily, but that doesn't make him the driving force behind Bitcoin, it just doesn't work that way.