Michael Saylor has dismissed fears of a "Bitcoin-only" quantum apocalypse, arguing that any technology capable of cracking the BTC network would simultaneously dismantle the global banking system, cloud infrastructure, and the internet itself.
Michael Saylor has dismissed fears of a "Bitcoin-only" quantum apocalypse, arguing that any technology capable of cracking the BTC network would simultaneously dismantle the global banking system, cloud infrastructure, and the internet itself.
that the threat of quantum computing is not just a"Bitcoin problem." In fact, according to Saylor, it poses an existential risk to the entire modern world. Saylor argued that if quantum computers ever become powerful enough to crack the encryption securing Bitcoin, they will simultaneously dismantle every major pillar of the global economy, including banks, cloud providers, and the internet itself. The conversation began when Palihapitiya shared a provocative thesis titled"The Collapse of Terminal Value." He argued that AI is lowering the cost of disruption so rapidly that no company can credibly project cash flows beyond a five-year window. -93% for XRP Price Unlikely: Ripple CTO Emeritus, Shiba Inu Activates 37% Upside Scenario, Most Bitcoin Analysts Strongly Bullish: Morning Crypto ReportSaylor, never one to miss a Bitcoin bull case, responded that this"disruption risk" is precisely why capital will rotate into Bitcoin. He described BTC as"Digital Capital" that is scarce, neutral, and uniquely impervious to the AI-driven obsolescence threatening traditional companies.Palihapitiya pushed back, noting that for Bitcoin to be the ultimate safe haven, it would first need to survive the"Quantum Threat.""Your AI thesis assumes the digital world is quantum-resistant. If quantum breaks cryptography, it breaks AI, cloud infrastructure, banks, and the internet—not just Bitcoin. The entire stack upgrades together," Saylor. Saylor has the idea of a"Bitcoin-only" quantum collapse as a misunderstanding of how digital security works. The world will see a coordinated shift to Post-Quantum Cryptography . National defense systems, banking protocols, and Google’s servers would all have to upgrade alongside the Bitcoin network.Saylor treats the quantum transition as a"market-clearing event." Holders with private keys will re-encrypt their assets to new standards, while"lost" or"dead" coins on old encryption standards will simply be frozen, potentially leading to an even tighter Bitcoin supply.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Man Utd Star Backed for World Cup Return by Michael CarrickHarry Maguire represented England in both the 2018 and 2022 World Cups.
Read more »
FCC Commissioner Warns Broadcasters on Fake News and License RenewalsFCC Commissioner Carr is urging broadcasters to correct their course on disseminating 'fake news' and news distortions, emphasizing the importance of operating in the public interest to avoid losing their licenses. He cites declining trust in legacy media and criticizes misleading reporting, particularly on headlines regarding a Saudi Arabia airport incident, while also commenting on political candidates victory with 'hoaxes and distortions'.
Read more »
Michael Saylor's Strategy Trims Losses as Bitcoin Tops $74,000Strategy's Bitcoin loss is now trimmed as crypto market is recovering.
Read more »
A 100-year-old theory might explain what’s wrong with quantum mechanicsOne physicist is on a mission to get scientists to look into Louis de Broglie’s pilot wave theory
Read more »
Türkiye condemns Israeli ground invasion in LebanonAnkara warns the operation could deepen regional instability and trigger a new humanitarian disaster.
Read more »
White House UFC event logistics ‘going to be a lot,’ fighter Michael Chandler warnsMichael Chandler, one of several fighters headlining the June 14 event, said that top UFC brass are “trying to figure things out.”
Read more »