Major Bitcoin-holding institutions may lose patience with developers who aren’t addressing quantum computing concerns quickly enough. Venture capitalist Nic Carter says big institutions like BlackRock, which holds 3.62% of the total Bitcoin supply, might fire existing devs and bring in new ones to fix the issue before it’s too late. A “corporate takeover” could be on the horizon if developers don’t implement quantum-resistant cryptography soon. Experts have mixed opinions on the urgency of the threat, but many agree that institutions won’t take action without seeing significant changes.
Source: https://www.tradingview.com/news/cointelegraph:d15dff733094b:0-institutions-may-get-fed-up-and-fire-bitcoin-devs-over-quantum-vc