Arthur Hayes: Quantum Threat Is Manageable, Not a Reason to Sell Bitcoin

Hayes is reframing a long-tail technical risk as an operational hygiene issue, which shifts the quantum debate from existential dread to wallet-management discipline. The claim matters most for long-term holders and custodians whose address practices determine exposure, not for short-term traders. The open question is whether the industry treats address reuse and legacy signature types as a priority before quantum capability advances, or continues to defer the migration.