BlockBeats News, February 15th – Venture capitalist Nic Carter recently stated on a podcast that Bitcoin developers’ long-term inaction regarding the potential threat of quantum computing to Bitcoin could lead to dissatisfaction among large institutions holding a significant amount of Bitcoin (such as BlackRock), ultimately triggering an “institutional takeover.” Nic Carter warned that institutions will not tolerate the long-term neglect of Bitcoin’s core security issues. “If developers continue to do nothing, institutions will lose patience, fire the current developers, and bring in new ones.” (Cointelegraph)
Blog
