Will Quantum Computing Crash Bitcoin Price Below $50K? Saylor Says No
The post Will Quantum Computing Crash Bitcoin Price Below $50K? Saylor Says No appeared on BitcoinEthereumNews.com.
Key Insights: Michael Saylor, who considers Bitcoin a superior store of value, views quantum computing as a manageable risk to the crypto giant. Charles Edwards of Capriole warns that without quantum-resistant upgrades, Bitcoin price could drop below $50K. Grayscale does not consider quantum computing an immediate risk to the crypto market. MicroStrategy’s co-founder and Chairman, Michael J. Saylor, said, “Quantum computing won’t break Bitcoin”. In his recent X post, Saylor debunked the notion of quantum computers hacking Bitcoin. Bitcoin Price Vs Quantum Computing | Source: Michael Saylor, X His argument emphasizes – Quantum computing would force Bitcoin to upgrade its cryptography, eliminating legacy weaknesses and making the network more secure than it is today.” While Strategy Chairman Michael Saylor has taken an optimistic stance, Capriole’s Charles Edwards warns Bitcoin could fall below $50K if the network fails to develop quantum-resistant security. Optimism prevails for now. However, Bitcoin’s long-term security against quantum computing remains a key point of concern for investors. Quantum Computing Won’t Break Bitcoin – Saylor The Elliptic Curve Digital Signature Algorithm (ECDSA) safeguards Bitcoin private keys. In theory, a large-scale quantum computer could break this algorithm. That would allow a hacker to derive private keys and steal funds from addresses whose public keys are not hidden. Fortunately, quantum computing is not advanced enough to break ECDSA. The Bitcoin network could roll out a soft fork to adopt quantum-resistant encryption methods. Once that upgrade is implemented, BTC holders will transfer their coins to quantum-secure addresses. However, it won’t be possible to transfer lost coins as no one will have the keys to move them. Saylor believes the Bitcoin network consensus could retire the old protocol once the migration deadline passes. Sub-$50K Bitcoin Price Possible Without Quantum Fix – Edwards Charles Edwards does not seem to agree with Michael Saylor’s…
Filed under: News - @ December 19, 2025 3:32 am