Jefferies Drops Bitcoin for Gold and Calls Quantum Risk “Existential”

Jefferies, the global investment banking firm, has made a significant shift in its investment strategy by moving away from Bitcoin, the leading cryptocurrency, in favor of gold, which is traditionally viewed as a safe-haven asset. In addition to this transition, Jefferies has described the potential risks associated with quantum computing as “existential,” underscoring their belief that these risks could pose fundamental threats to the reliability of cryptographic systems that underpin various digital currencies and online security measures. source: https://blocknews.com/jefferies-drops-bitcoin-for-gold-and-calls-quantum-risk-existential/