Urgent Action Needed: Bitcoin Developers Face Quantum Threat, VC Says

Venture capitalist Nic Carter warns Bitcoin developers to tackle quantum risks promptly to prevent a potential corporate takeover.

According to venture capitalist Nic Carter, Bitcoin developers need to swiftly confront the challenges posed by quantum computing to safeguard the cryptocurrency from a potential corporate takeover. Carter emphasizes that the failure to address these risks may lead institutions to become 'fed up' and consider dismissing the developers responsible for Bitcoin's maintenance.