Michael Saylor rebutted Chamath Palihapitiya's attribution of Bitcoin's threat to a "quantum threat," arguing that it represents a systemic risk to all digital infrastructure, including banks and the internet. He pointed out that the solution is a coordinated global upgrade to post-quantum cryptography, with the Bitcoin network transitioning in sync with other critical systems. Saylor described this as a potential supply tightening event, where only Bitcoin that has been properly re-encrypted would continue to circulate.