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Nic Carter Urges Bitcoin Holders to Press Developers on Quantum Risk

He said holders cannot protect their own Bitcoin from quantum attacks and argued that any theft would undermine BTC’s value.

By Simon Yoon
Published
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Anonymous hands hold a brass coin against a fractured steel vault latch / TokenPost.ai
Anonymous hands hold a brass coin against a fractured steel vault latch / TokenPost.ai

Nic Carter said individual holders cannot protect their own Bitcoin from quantum attacks and urged them to press developers to act quickly.

Separately, Carter argued that theft of any amount of Bitcoin would leave the asset without value. “If any amount of BTC is stolen, the whole system collapses,” he said.

Carter said personal precautions would not preserve Bitcoin’s value under that scenario. He called on holders to lobby developers to move quickly.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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