No, this is completely different. Quantum computing WILL break encryption.
Quantum resistant algorithms will be integrated into all of these systems before quantum computers are able to break encryption.
It might not happen for 40 years, or maybe 100, or 200, but it is going to happen. It could happen within 5, who knows.
Post-quantum algorithms should be integrated immediately into all systems because people are collecting data with the intent to decrypt it in the future. The sooner the better