PANews reported on February 15th, citing Cointelegraph, that venture capitalist Nic Carter stated on a podcast that the prolonged inaction of Bitcoin developersPANews reported on February 15th, citing Cointelegraph, that venture capitalist Nic Carter stated on a podcast that the prolonged inaction of Bitcoin developers
Venture capitalists: Bitcoin developers need to address the threat of quantum computing as soon as possible to avoid being taken over by institutions.
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PANews reported on February 15th, citing Cointelegraph, that venture capitalist Nic Carter stated on a podcast that the prolonged inaction of Bitcoin developers regarding the potential threat of quantum computing to Bitcoin could lead to discontent among large institutions holding substantial amounts 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 existing developers, and replace them with new ones."
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