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Regarding the future of BTC, there is a perspective worth deep consideration. Quantum computing is often seen as a threat to Bitcoin, but from another angle, it could actually become an opportunity for Bitcoin to undergo a network upgrade.
Michael Saylor's idea is quite interesting—rather than saying quantum computing will destroy Bitcoin, it might be better to see it as forcing the Bitcoin community to perform a mandatory upgrade. This upgrade process would eliminate those "insecure" old coins and ultimately permanently reduce the effective supply. It sounds like a silver lining in a crisis.
**So the question is: can Bitcoin truly upgrade?**
The key here is that the Bitcoin protocol is not immutable. Saylor has repeatedly emphasized a point: "Bitcoin is a protocol, and its software is iteratively upgraded every year." This indicates that the Bitcoin community has the capacity for continuous evolution.
Once the quantum threat truly approaches, the community can fully implement a consensus upgrade (such as a hard fork) to replace the currently vulnerable elliptic curve cryptography (ECDSA) with quantum-resistant cryptography (Post-Quantum Cryptography, or PQC). In fact, the industry has already been preparing for this day. Technical leaders like Adam Back, CEO of Blockstream, have proposed adopting NIST standardized post-quantum algorithms (such as SLH-DSA) to safeguard Bitcoin.
In other words, Bitcoin's survivability is far greater than many people imagine.
No way, the supply can still decrease? Wouldn't that give more reason to hype it up again?