ChainCatcher News, venture capitalist Nic Carter recently stated on a podcast that the long-term inaction of Bitcoin developers regarding the potential threat of quantum computing to Bitcoin could lead large institutions holding significant amounts of Bitcoin to become dissatisfied, ultimately triggering “institutional takeover.” Nic Carter warned that institutions will not tolerate the core security issues of Bitcoin being ignored for long periods. If developers continue to do nothing, institutions will lose patience, dismiss the current developers, and replace them with new ones.
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