Last week, anonymous government sources confirmed that Quoherence Labs had created a quantum computer capable of breaking both the widely used RSA and elliptical curve encryption algorithms that underpin most cybersecurity protocols....
If that were true, global communications networks would be compromised. Military communications could be decrypted. Encrypted transmissions to predator drones could be hijacked. Banking and financial networks would be jeopardized. Intelligence agencies and judges wouldn't have to pressure suspects of crimes to provide passwords to their iphones anymore.
News stories containing the term "quantum" should be considered a marketing brochure and venture capitalist pitch. They do not reflect actual science, as we have witnessed from the last 5 years of false claims being made.
I saw a whitepaper for a "breakthrough" in quantum computing which claimed a theoretical "quantum" processor that was multi core with registers of more than 1,000 bits. Current day PC CPUs have 64 bit registers.
If anyone bothers to read what is published as a "quantum breakthrough" it will sometimes sound like fanfiction written by someone who is a computer illiterate.
It doesn't sound scary at all to someone who uses or hoards bitcoin. Its more like parody content.