Michael Saylor: Bitcoin should only upgrade its network when there is consensus on the quantum computing threat
BlockBeats News, December 19, Michael Saylor stated in an interview, "Bitcoin Core v30 is extremely conservative regarding protocol changes. When we modify the Bitcoin protocol, we have always been, and must remain, extremely conservative. Any changes to the protocol should be made with great caution. We must ensure global consensus. Only when all 8 billion people in the world reach a consensus and confirm that quantum computing poses a threat, do I think we should upgrade the network.
But if only half of the community thinks it's a good idea and the other half opposes it, then I think we should slow down. These changes must be made very, very cautiously. I have said many times: if you want to destroy the Bitcoin network, one of the most effective ways is to give a group of extremely talented developers unlimited funding and then tell them 'go improve it.'
In my view, the essence of Bitcoin is that it is a monetary protocol, and its lack of rapid change and frequent iteration is precisely its strength, not a flaw. So I am not part of the camp that is keen on constantly adding new features to Bitcoin. I believe that the way to ruin a good thing is to assume that it will fail if it doesn't keep adding features."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Spot silver surpasses $67 per ounce, setting a new historical record
Wintermute analyst: Bitcoin is short-term oversold, but the sideways trend may continue in the near future
Wintermute strategist: Bitcoin may fluctuate between $86,000 and $92,000
