TechFlow news: On February 15, according to Cointelegraph, venture capitalist Nic Carter stated on a podcast that Bitcoin developers’ long-term inaction regarding Bitcoin’s potential vulnerability to quantum computing could frustrate large institutions holding substantial Bitcoin reserves—such as BlackRock—and ultimately trigger an “institutional takeover.” Nic Carter warned that institutions will not tolerate prolonged neglect of Bitcoin’s core security issues. “If developers continue to do nothing, institutions will lose patience and replace the current developers with new ones.”
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