Bernstein: It seems that it will take decades for quantum threats to have an impact on Bitcoin

Google announced the launch of its first quantum chip, Willow, which has once again raised concerns that private keys could be decrypted to steal user funds. However, analysts at Bernstein said that despite Google's announcement of the Willow chip, it seems that the quantum threat will still take decades to have an impact on Bitcoin. Analysts said: "Should Bitcoin contributors start preparing for a quantum future? Yes, but any actual threat to Bitcoin seems to be decades away, and Bitcoin contributors have been arguing about the transition to quantum-resistant encryption." (TheBlock)