Brian Armstrong, the CEO of Coinbase Global Inc. (NASDAQ:COIN), brushed off quantum computing threats to Bitcoin (CRYPTO: BTC) and cryptocurrencies at large.
Armstrong Says Quantum Risks Needs ‘Diligent Effort’
Armstrong posted on X, sharing a clip from his March 18 interview with Norges Bank Investment Management CEO Nicolai Tangen, where he stated quantum computing demands “diligent effort” but isn’t an “existential” risk to Bitcoin.
“I think that with good work, we can make sure that lands in a good place, ” the cryptocurrency billionaire added.
Armstrong Says BTC Fundamentals Intact
Addressing bear market concerns, Armstrong said he was “surprised” at how much Bitcoin had fallen.
“I think the fundamentals underneath have not changed very much in my point …