Michael Saylor: Bitcoin is far more secure than banks and tech giants

Michael Saylor, founder of Strategy and a Bitcoin stalwart, said in an interview with Bloomberg that he was not concerned about the threat of quantum computing to Bitcoin, calling it overhyped. Saylor believes that the real threat of quantum computing is traditional systems such as Microsoft, Google, JPMorgan Chase and the US government, not Bitcoin. He stressed that even if quantum technology breakthroughs are made in the next ten to twenty years, blockchain systems are fully capable of upgrading to withstand risks. The more real threat now is phishing, not quantum attacks.