However, concerns are growing as more of BTC’s supply becomes concentrated in the hands of a few large institutions. This has led to questions about whether this centralized control increases the risk of seizure or confiscation,MicroStrategy Executive Chairman Michael Saylor addressed these concerns in a recentHe argued that unregulated private holders are at a greater risk of seizure. Yet, this risk decreases when BTC is held by regulated entities like BlackRock, JP Morgan, and Fidelity.
Additionally, Saylor suggested that lawmakers are unlikely to support any moves that could threaten these institutions. He pointed out,The exec also highlighted the benefits of Bitcoin being held by regulated entities, including reduced volatility and a lower risk of loss.uantum computing is emerging as a threat to current cryptographic systems, including public-key cryptography.
Well, Saylor remained quite optimistic. The CEO acknowledged that as computers evolve and become more powerful, the network will strengthen its defenses.“Bitcoin is the most cyber-resistant, the most powerful digital network on Earth. It’s the hardest thing to hack.” With trillions of dollars at stake, Saylor expressed confidence that those most incentivized to protect their money will ensure the latest technology is implemented into the Bitcoin network to safeguard it.Meanwhile, the comparison of Bitcoin with traditional assets, as well as other cryptocurrencies, has been a topic of continued debate.According to Saylor, BTC’s unique origin story and decentralized nature set it apart.