Depends on how you look at it. It consists of 2x 5 qubit processors and a 16 qubit processor. So, not really practical to attack cryptography at all. As to the prior argument, I would say that if there comes a day where quantum computers are powerful enough, the governments will keep it for themselves. Breaking asymmetric cryptography is useful for espionage and mass surveillence, don't think they have any incentives to do so.

Comes down to opportunity cost. I don't see quantum computers with that many qubits to be readily available and they would very much rather use it for deciphering sensitive information. Using it to attack Bitcoin won't reap much benefits especially when some BIPs would probably shift it to a quantum resistant algorithm fairly quickly.