Saylor Claims Quantum Computing Will 'Harden' Bitcoin as Experts Warn of 2028 Price Crash
Michael Saylor contends that quantum computing will not destroy Bitcoin (BTC); instead, it will "harden" it through network upgrades and the migration of active coins, while warnings from other analysts about the potential threat persist. Bitcoin is currently trading at approximately $86,405.97 per BTC, as of December 17, 2025.
Key Insights
Saylor's Stance: MicroStrategy executive chairman Michael Saylor argues that a quantum breakthrough would lead to a "quantum leap" for Bitcoin, where the network adapts through protocol upgrades to post-quantum cryptography. He suggests this process would increase security and reduce the circulating supply as lost coins remain frozen, ultimately making Bitcoin stronger.
Contrasting Warnings: Other experts, such as Capriole Investments founder Charles Edwards, have issued stark warnings, suggesting that if no quantum-resistant fix is deployed by 2028, the price of Bitcoin could fall below $50,000 due to a collapse in market confidence.
Current Vulnerability: The current cryptography used by Bitcoin (Elliptic Curve Digital Signature Algorithm or ECDSA) is theoretically vulnerable to Shor's algorithm on a sufficiently powerful quantum computer. Estimates suggest that as much as 25% of existing Bitcoin may be in vulnerable, older-style addresses.
Industry Action: While most experts agree a practical quantum threat is likely years away (2030-2035), research and development for post-quantum solutions are ongoing.
However, no network-wide consensus has been adopted yet, and achieving such a hard fork would be a complex process.
