Is the quantum computing crisis coming? Senior financial strategists suddenly sell off Bitcoin

An interesting event has occurred. Christopher Wood, a well-known strategist at Jefferies, recently made a major move—removing Bitcoin from his model portfolio. The reason is straightforward: quantum computing.

This is not an alarmist claim. As quantum computing technology becomes more advanced, the threats to existing cryptographic systems are gradually emerging. For Bitcoin, which relies on cryptographic security, the pressure is indeed significant.

What does Wood’s adjustment indicate? At least it reflects that even seasoned Wall Street professionals are beginning to reassess the survival prospects of crypto assets in the quantum era. The logic behind this shift is worth paying attention to.