Institutions may get 'fed up' and fire Bitcoin devs over quantum: VC

Bitcoin developers must address the quantum risks to Bitcoin fast to avoid a successful “corporate takeover,” according to venture capitalist Nic Carter.

Major Bitcoin-holding institutions may eventually lose patience with Bitcoin developers for not addressing quantum computing concerns quickly enough, according to venture capitalist Nic Carter.

“I think the big institutions that now exist in Bitcoin, they will get fed up, and they will fire the devs and put in new devs,” Carter said during the Bits and Bips podcast episode published on Thursday.

“I think the devs will continue to do nothing,” Carter said.

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