Although I don’t have the technical knowledge to counter-argument Jimmy’s points I also have the intuition that this take is tad too optimistic. We really don’t know how fast technical progress will advance in this area but what’s for sure is that a lot of resources are being dedicated to it. Once a breakthrough occurs, #quantum computing will probably see an exponential performance.
The U.S. Government has sped up the deadline to migrate government’s systems to quantum resistant encryption to 2030.
The reality is that #Bitcoin has a quantum computing problem as old addresses (including Satoshi’s addresses) can’t be migrated to quantum resistant encryption. Unless the market believes quantum computer are still decades away, this will start to get priced in soon.