Michael Saylor Labels Quantum Threat Bitcoin as Hype

Bitcoin Bull Michael Saylor has dropped concerns over the impact of computing volume in Bitcoin, calling it a marketing ploy to pump tokens with a brand volume.
“It’s mainly marketing from people who want to sell you the next volume of yo-yo token,” Executive Chairman of the Strategy Strategy Says In the June 6 interview in the “CNBC squawk box.”
The potential effect of quantum computing on bitcoin is labeled as a significant threat to bitcoin security.
According to Quantum Computing Research Firm Project Eleven, 10 million Bitcoin addresses exposed public keys and more than 6 million bitcoin may be at risk If the machines have become strong enough to cover the keys of bitcoin elliptic curve cryptography (ECC).
But even if a legitimate threat to computing volume has emerged from a giant tech, they will not release it because doing so can put their businesses and even at the danger of the US government, Saylor said.
“Google and Microsoft will not sell you a computer that cracks in modern cryptography because it will destroy Google and Microsoft and the US government and the banking system.”
For anyone who remembers about quantum computing hacking bitcoin, please listen to @Saylor Calm and reasonable to explain why you should sleep well at night. pic.twitter.com/x0xzzzl0cd
– Natalie Brunell ⚡️ (@natbrunell) June 6, 2025
Bitcoin needs to be upgraded only, Saylor says
If a legitimate computer volume goes along and threatens Bitcoin security, the main protocol developers and hardware manufacturers will implement an arrangement, Saylor said:
“The answer is: Upgrading Bitcoin Network Hardware, upgrading Bitcoin Network software, such as Microsoft, Google, the US government upgrading.
“We’ll just upgrade software.”
Related: Can computer computers be able to break down Bitcoin?
Saylor added that 10,000 times more likely to lose their bitcoin to a Attacking phishing than computing volume.
“This is the hardest thing in the universe to hack,” Saylor said, and added: “They will hack your banking system, your Google account, your Microsoft account, and every other owner you are earlier because they are an order of magnitude that is weak.”
Quantum’s threat to Bitcoin has already tried to test
Eleven projects Launched a competition In April to see who could break the largest chunk of a Bitcoin key Using a computer total next year.
Project Eleven said the goal of the “Q-day Prize” was to test the “how urgent the threat” of the volume was in Bitcoin and find volume-proof solutions to secure Bitcoin for a long time.
IBM, Google volume computers are still in the threat of bitcoin
Current estimates suggest that around 2,000 logical quubits (error-corrected) is sufficient to break a whole, 256-bit ECC Bitcoin key, the aforementioned Project Eleven.
IBM’s Heron Chip and Google’s Willow are currently 156 and 105 Quubits – far off causing any real threat to Bitcoin, but significantly enough to cause anxiety, Project Eleven said.
Magazine: Bitcoin vs. computer volume threat: timeline and solution (2025–2035)