Michael Saylor Says Quantum Computing Threatens Bitcoin, Banks and the Entire Internet Stack

Michael Saylor has argued that any quantum computer powerful enough to break Bitcoin's cryptography would simultaneously endanger banks, cloud providers and the wider internet. Responding to Chamath Palihapitiya's thesis on AI-driven disruption, he framed Bitcoin as neutral "Digital Capital" and said the whole digital stack, from defense systems to Google servers, would migrate together to post-quantum standards. Saylor views this transition as a market-clearing event in which holders re-encrypt coins while lost BTC remains locked on obsolete encryption.