"Leonie Mueck, formerly the chief product officer of Riverlane, a Cambridge-based quantum startup, said Google’s statement did not necessarily suggest there would definitely be a working quantum computer capable of breaking encryption by 2029."
Basically more worried about decrypting currently stored, encrypted information with a future quantum computer. My guess is most critical encrypted files use symmetric encryption (e.g. AES256) and won't be cracked with a quantum computer any time soon (or really, ever.)
Animats•1h ago
About 2.3 to 4 million Bitcoins are considered "lost".[1] This is several times larger than the remaining 1.3 million un-mined Bitcoins. Expect substantial resources to be devoted to this.
[1] https://coinledger.io/research/how-much-bitcoin-is-lost