Jefferies strategist Christopher Wood swaps bitcoin for gold on quantum computing concern

Jefferies strategist Christopher Wood has made a notable decision to shift his investment focus from bitcoin to gold, citing concerns related to the potential impact of quantum computing on the security of cryptocurrencies. Wood's move highlights the growing apprehension among investors regarding the vulnerabilities that advances in quantum technology could pose to the blockchain infrastructure that underpins bitcoin, prompting him to seek refuge in the more traditional and historically stable asset class of gold. source: https://www.coindesk.com/markets/2026/01/16/jefferies-strategist-christopher-wood-swaps-bitcoin-for-gold-on-quantum-computing-concern