Venture Capitalist: Bitcoin Developers Need to Address Quantum Computing Threats Quickly to Avoid Being Taken Over by Institutions

According to Cointelegraph, venture capitalist Nic Carter stated in a podcast that the long-term inaction of Bitcoin developers regarding the potential threat of quantum computing to Bitcoin may lead to dissatisfaction among large institutions holding significant amounts of Bitcoin (such as BlackRock), ultimately triggering an "institutional takeover."

Nic Carter warned that institutions will not tolerate the core security issues of Bitcoin being ignored for an extended period. "If developers continue to be inactive, institutions will lose patience and will fire the current developers, replacing them with new ones."