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Michael Saylor: Bitcoin can scale to counter the threat of Quantum Computing, claims the associated risks are exaggerated.
Michael Saylor, founder of Strategy, recently downplayed the threat of Quantum Computing to Bitcoin in an interview with CNBC, believing that the Bitcoin protocol can address potential risks through software upgrades when threats become imminent. He stated: “This is mainly a marketing tactic by those who want to sell you the next quantum concept Token. Google and Microsoft will not sell computers that can break modern encryption, as that would destroy Google and Microsoft — it would also destroy the U.S. government and the banking system.”