Michael Saylor’s Response to BTC Quantum Concerns
MicroStrategy CEO Michael Saylor debunked quantum computing concerns on Natalie Brunell’s Coin Stories podcast. He stated that the cybersecurity community agrees the potential quantum threat is at least 10 years away. Bitcoin’s (BTC) software, unlike credit card systems, can evolve over time; nodes, hardware, and wallets can be updated against threats. Global banking, the internet, and crypto protocols will transition to post-quantum resistant cryptography, which won’t be a surprise. He described the crypto sector as the most sophisticated cybersecurity community; BTC transactions have stricter standards than traditional bank transfers.
MicroStrategy and Institutional BTC Purchases
MicroStrategy purchased 592 BTC for approximately 39,8 million dollars last week, bringing its total holdings to 717.722 BTC (average 67.286 dollars). In contrast, Ethereum (ETH) founder Vitalik Buterin stated that quantum computers have a 20% chance of breaking current crypto by 2030, adding post-quantum preparations to the ETH Foundation’s 2026 roadmap. While some analysts link BTC price drops to quantum risk, it’s controversial. In recent developments, Turkish company Net Holding (NTHOL.IS) ranked 74th among institutional holders with 352 BTC; this shows institutional confidence. Saylor’s strategy relies on common shares while marketing preferred shares.
BTC Technical Outlook and Support Levels
BTC price at 64.869,77$ level, 24h change -%4,22. RSI 31,56 (oversold), trend down, Supertrend bearish. EMA20: 70.099$. Supports: S1 64.323$ (strong, -0,46%), S2 61.532$ (-4,78%). Resistances: R1 65.398$ (+1,20%), R2 68.196$ (+5,53%). For detailed review, visit BTC detailed analysis and BTC futures pages. ETH analysis contrasts with quantum preparations.
Source: https://en.coinotag.com/saylor-denied-the-quantum-threat-btc-is-safe
