Jefferies strategist Christopher Wood has reportedly reduced his Bitcoin allocation, opting for gold instead. 📉 This decision stems from theoretical security concerns related to the potential long-term threat of quantum computing.

The quantum computing threat, while currently theoretical and likely decades away, represents a valid long-term risk consideration for digital assets. 💻 This cautious stance reflects a preference for established safe havens, even against extreme tail risks.

It underscores that Bitcoin's security must continually evolve to address future challenges. While some investors remain cautious, for the majority of market participants today, this specific risk is considered minimal. 🛡️