Goodbye not just to Bitcoin, but also Visa, Stripe, Amazon shopping, ...
symmetric ciphers would have similar properties (AES, CHACHA20). Asymmetric encryption atm would use ECDH (which breaks) to generate a key for use with symmetric ciphers - Kyber provides a PQC KEM for this.
So, the situation isn't as bad. We're well positioned in cryptography to handle a PQC world.
https://en.wikipedia.org/wiki/Post-quantum_cryptography
https://www.microsoft.com/en-us/research/project/post-quantu...
https://www.forbes.com/councils/forbestechcouncil/2024/10/09...
https://blog.cloudflare.com/kemtls-post-quantum-tls-without-...
Signatures still have to be upgraded, but that's more difficult. We're working on it. http://blog.cloudflare.com/pq-2024/#migrating-the-internet-t...