MicroStrategy’s Saylor Says Quantum Computers Need Thousands of Qubits, Bitcoin Safe 15 Years
Michael Saylor said quantum computers, with fewer than 200 qubits, are far from the thousands of logical qubits needed to break Bitcoin's SHA-256 encryption, pushing potential quantum threats at least 15 years out. He added the Bitcoin network can adopt post-quantum cryptographic changes before any attack, safeguarding MicroStrategy's 190,000 BTC.
1. Saylor's Assessment of Quantum Threats
Michael Saylor highlighted that existing quantum systems operate at fewer than 200 physical qubits and will require thousands of logical qubits to threaten Bitcoin’s SHA-256 encryption, meaning a practical quantum attack is unlikely for at least 15 years.
2. Implications for MicroStrategy Holdings
He emphasized the Bitcoin network’s ability to upgrade to post-quantum cryptography through protocol updates, ensuring the security of MicroStrategy’s 190,000 BTC portfolio well before any potential quantum vulnerability arises.