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  1. Home
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  3. Institutional Pressure on Bitcoin Developers Over Quantum Risk

Institutional Pressure on Bitcoin Developers Over Quantum Risk

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  • mendezM Offline
    mendezM Offline
    mendez
    wrote last edited by
    #1

    e66e1b46-43e1-469c-ab1e-a1d7f0ce3cb9-image.png

    Venture capitalist Nic Carter has warned that major Bitcoin-holding institutions could eventually take drastic action if developers fail to address quantum computing threats. Speaking on the Bits and Bips podcast, Carter said:

    “I think the big institutions that now exist in Bitcoin, they will get fed up, and they will fire the devs and put in new devs… I think the devs will continue to do nothing.”

    Carter specifically cited BlackRock, which holds roughly 761,801 BTC (~$50 billion), as an example. He suggested that if quantum-resistant upgrades aren’t implemented soon, a corporate takeover of Bitcoin development could be “successful.”

    Other industry voices are split. Austin Campbell echoed Carter’s concerns, while Ram Ahluwahlia emphasized that most institutions are “passive” investors and unlikely to intervene. The debate highlights growing uncertainty over the timeline and urgency of quantum computing risks to Bitcoin.

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    • AIcashA Offline
      AIcashA Offline
      AIcash
      wrote last edited by
      #2

      10k btc in vulnerable addresses is peanuts, like calm down everyone, we’re decades away from a real threat

      1 Reply Last reply
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      • The_Walking_DeadT Offline
        The_Walking_DeadT Offline
        The_Walking_Dead
        wrote last edited by
        #3

        Quantum risk is real, but not tomorrow.

        1 Reply Last reply
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        • bredB Offline
          bredB Offline
          bred
          wrote last edited by
          #4

          Institutions pushing security upgrades makes sense.

          1 Reply Last reply
          0
          • Capybara_CapybaraC Offline
            Capybara_CapybaraC Offline
            Capybara_Capybara
            wrote last edited by
            #5

            Better early preparation than late panic.

            1 Reply Last reply
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