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Saylor: Quantum Threat to Bitcoin Still Years Away

The Essentials in Brief

Michael Saylor, founder of Strategy (formerly MicroStrategy), currently sees no threat to Bitcoin from quantum computers. In an interview, he emphasized that the technology may not pose a real risk for another 10 to 20 years. If that time comes, the Bitcoin protocol can be adapted accordingly. Despite advancements in quantum chips by Google and Microsoft, Saylor remains calm and points to the continuous development of Bitcoin software.

Quantum Computers: Real Threat or Distant Future?

Quantum computers are considered a potential threat to cryptographic systems, including those on which Bitcoin is based. Particularly affected would be the algorithms ECDSA (Elliptic Curve Digital Signature Algorithm) and SHA-256, which ensure the security of Bitcoin transactions. A sufficiently powerful quantum computer could theoretically reconstruct private keys and thereby gain access to wallets.

Michael Saylor Remains Calm

Saylor remains calm about the development. In a CNBC interview, he explained that Bitcoin as a protocol is regularly updated – both on the software and hardware levels. Should the threat from quantum computers become concrete, the network can be adjusted accordingly. He emphasized: “I’m not concerned. Bitcoin is the hardest target for hackers.”

Technological Advances in Quantum Chips

The discussion around quantum computers was reignited at the end of 2024 by Google’s chip “Willow.” In early 2025, Microsoft followed with an even more powerful model. These developments led to intensified discussions about so-called “quantum-resistant” solutions. One of them is proposal BIP 360, which suggests adjustments to the Bitcoin protocol to secure it against quantum attacks.

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Economic Impact of an Attack

A successful attack on the Bitcoin network would have far-reaching consequences. At the time of publication, Bitcoin’s market capitalization stood at around 2.3 trillion US dollars. Institutions and governments hold approximately 3.3 million BTC – equivalent to over 350 billion US dollars. Strategy itself owns over 580,000 BTC, which represents about 2.7% of the total Bitcoin supply.

Trust in Market Players

Saylor also commented on the major technology corporations. He does not believe that companies like Google or Microsoft would use their quantum computers in ways that endanger existing crypto systems. Such a move would undermine not only the crypto market but also trust in the entire digital infrastructure – including banks and government institutions.

Our Assessment

The threat posed by quantum computers is real, but not immediate. Currently, there is no evidence that such a computer exists that could endanger Bitcoin. Nevertheless, it is important that the community remains prepared. Proposals like BIP 360 show that solutions are already being worked on. As long as development remains transparent and the network continues to evolve, there is no urgent need for action. You should keep an eye on developments – but panic is not warranted.

Sources

  • CNBC interview with Michael Saylor
  • Microsoft Quantum Research
  • Google Quantum AI
  • Bitcoin Improvement Proposal (BIP) 360
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Profile Bitcoin
Symbol BTC
Coin type Alt Coin
Transaction Speed Slow
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Price 109759
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