Nic Carter: Unresolved Quantum Risk Could Trigger Institutional Push to Replace Bitcoin Developers

Venture capitalist Nic Carter said on the Bits and Bips podcast Thursday that if Bitcoin developers fail to address quantum computing risks promptly, large institutions could seek to replace protocol maintenance teams in what he called a potential "corporate takeover" of the network, Cointelegraph reports. He cited firms like BlackRock, which holds roughly 761,801 BTC worth approximately $50.15 billion (3.62% of total supply), and said such asset managers might feel compelled to act if the issue remains unresolved, adding developers are currently too passive. Ram Ahluwahlia, founder of Lumida Wealth Management, countered that major institutions are "passive" Bitcoin investors rather than activists, while figures including Michael Saylor argue the quantum threat has been overstated.