The biggest risk facing Bitcoin’s security comes from “ambitious opportunists” aiming to implement changes in the protocol, according to Michael Saylor, co-founder of the treasury firm Strategy. His assertions triggered a lively discussion within the community.

In response, Justin Bechler, a Bitcoin supporter, indicated that these remarks target developers working on alternative uses for Bitcoin, like non-fungible tokens (NFTs).
Translation: Justin Bechler suggested that Saylor’s comments were aimed at developers pushing for non-monetary applications on Bitcoin, including NFTs.

Investor Fred Krueger expressed his view: “The greatest risk to Bitcoin is quantum,” while Mert Mumtaz, CEO of Helius, openly disagreed with Saylor, calling his perspective:

“Absolute cancer of a mindset. Choosing to resist progress in technology is our biggest risk.”

He noted that no technology is without flaws, including Bitcoin, which has experienced numerous bugs.

Additionally, Mark of Bitcoin pointed to the ongoing spam wars and the Bitcoin Improvement Proposal 110 (BIP-110), a temporary change focused on filtering unnecessary non-monetary data from the ledger.

Saylor’s statements have heightened the ongoing debate between Bitcoin supporters favoring strict protocol adherence and developers pushing for enhancements like quantum-resistant wallet addresses.

The Bitcoin community continues to debate the quantum threat

Nic Carter from Castle Island has consistently warned that the protocol needs urgent adaptations to align with post-quantum standards, while Blockstream CEO Adam Back has dismissed these warnings, characterizing them as “uninformed.”

Back reassured that developers are diligently researching protections against future quantum threats.

According to market analyst James Check, worries about quantum computing have not significantly influenced Bitcoin’s market value, attributing recent declines instead to long-term holders selling off their assets.