I read the paper, to the best of my ability.
I'm willing to entertain the idea that we have a genuine QC threat on the cards.
At a minimum, it would be a mistake to not take it seriously, and start developing a formal PCQ plan for Bitcoin.
Having a plan, and not needing it, is far better than the other way around.

Many are wondering "what Google saw" that caused them to revise their post-quantum cryptography transition deadline to 2029 last week. It was this:
https://research.google/blog/safeguarding-cryptocurrency-by-disclosing-quantum-vulnerabilities-responsibly/…

nic carter

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MicroStrategy founder Michael Saylor asserts that Bitcoin has won the global narrative war, specifically naming BIP- […]
The article, "Michael Saylor Warns BIP-110 is the Biggest Threat to Bitcoin; Four-Year Cycle is Dead, Institutional Capital is the Real Protagonist," was first published on BlockTempo, the most influential blockchain ABMedia media.

Michael Saylor warns that BIP-110 is the biggest threat to Bitcoin; the four-year cycle is dead, and institutional capital is the real protagonist.

Global gold and foreign exchange reserves have reached approximately $4 trillion, surpassing foreign holdings of U.S. Treasury bonds ($3.9 trillion) for the first time. This is the largest increase since 1996…
The article, titled "Gold Surpasses US Treasury Bonds for the First Time in 30 Years! Becoming the World's Largest Foreign Exchange Reserve, Why is BlockTempo Bank Asset Allocation Logic Being Rewritten?", was originally published on BlockTempo, the most influential blockchain ABMedia media.

Gold surpasses US Treasury bonds for the first time in 30 years! Becoming the world's largest foreign exchange reserve, why is central bank asset allocation logic being rewritten?

Source: Coin Stories
Compiled by: Felix, PANews
James Seyffart, senior ETF analyst at Bloomberg, returns to Coin Stories to provide an in-depth analysis of the latest developments in the ETF space: from the unexpected “diamond hand” strategy employed by Bitcoin ETF holders during a 50% drop to Morgan Stanley’s landmark decision to launch its own Bitcoin ETF.
Host: It's been a while since we've discussed ETFs. How about starting with Bitcoin, specifically Bitcoin ETFs...?

Interview with a Bloomberg ETF analyst: Why Bitcoin ETF holders did not sell during the 50% crash

The one question I can't help but ask, is the following;
This paper, if I understand it correctly, is Google saying we have cracked the design for a cryptographically relevant quantum computer.
That's a very big deal.
Why oh why, did they focus the paper on our blockchain bags?
Not government codes. Not banking infrastructure, Not internet protocols.
Internet funny money.
By no means disqualifying, but certainly an odd think to be the topic of interest for such a discovery.