Lookonchain APP

App Store

Michael Saylor: Bitcoin Should Only Upgrade Its Network in Consensus on Quantum Computing Threat

2025.12.19 21:00:06

On December 19th, Michael Saylor stated in an interview: “Bitcoin Core v30 is extremely conservative about protocol changes. We’ve always been — and must always remain — extremely cautious when modifying the Bitcoin protocol. Any adjustments should be approached with great care; we need to ensure global consensus. I believe we should only upgrade the network if there’s agreement across the world’s 8 billion people, and only once quantum computing is confirmed to pose a threat.” “But if half the community supports an idea and the other half opposes it, we should slow down. These changes demand extreme caution. I’ve said it many times: one of the most effective ways to disrupt the Bitcoin network is to give a team of exceptionally talented developers unlimited funding, then tell them to ‘improve it.’” “In my view, Bitcoin’s core is a monetary protocol. Its lack of rapid change and frequent iteration isn’t a flaw — it’s a strength. I’m not part of the group eager to constantly add new features to Bitcoin. Assuming a good thing will fail if it’s not endlessly enhanced with new features is exactly how you ruin it.”
Relevant content

Traders cut their bets on a Federal Reserve interest rate hike in October.

Traders have scaled back bets on a Federal Reserve interest rate hike in October. After Fed official Williams stated "there is no urgency to act", markets now expect the Fed to raise rates only one more time by the end of this year.

3 hours ago

OpenAI's over-the-counter contract price surged and then pulled back, still carrying a 20% premium relative to Bloomberg's latest reported valuation.

According to market data, the over-the-counter (OTC) contract price of OPENAI in the crypto market surged and then pulled back, driven by Bloomberg’s latest report that “OpenAI plans to raise $30 billion at a $1.4 trillion valuation.” With an estimated share count of 1 billion shares, the OPENAI contract on Hyperliquid once rose by over 12%, and is now trading at $1,685, corresponding to an implied valuation of $1.685 trillion. On Binance, the OPENAI contract peaked with a 9% gain, and is now at $1,616, with an implied valuation of $1.616 trillion.

3 hours ago

OpenAI plans to raise $30 billion in funding at a $1.4 trillion valuation.

OpenAI plans to raise $30 billion in funding at a $1.4 trillion valuation. (Bloomberg)

3 hours ago

Bitcoin traders are snapping up call options with strike prices above $90,000.

According to HTX market data, Bitcoin is currently trading at approximately $83,238. However, options traders are increasingly positioning for a price breakout above $90,000, with $95,000 and $100,000 also popular strike prices. Institutional fund inflows are also improving: Bitcoin ETFs have recorded inflows for eight consecutive days, with $31 million flowing in yesterday. This positioning indicates that even amid weak short-term Bitcoin sentiment, upside demand remains active.

3 hours ago

美SEC主席:金融体系正迈向加密时代,希望股票市场上链

U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins said in an interview with CNBC that he aims to push the stock market to operate on-chain, adding that the entire financial system is shifting toward Bitcoin and cryptocurrencies.

3 hours ago

A prominent crypto trader has closed out their HBAR position for a small profit, and will look for better entry opportunities in the coming weeks.

Well-known trader Doctor Profit announced he has closed out his HBAR position for a small profit. The breakout appears to be a false one, and holding such assets while Bitcoin is hovering around $79,000 is too risky. He has exited the trade, though he will continue monitoring it over the coming weeks to seek better entry opportunities.

3 hours ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano