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In his newest Greed & Worry word on Friday, Jefferies’ Christopher Wooden raised recent issues, saying the emergence of quantum computing might sooner or later put Bitcoin’s total system in danger, prompting Wooden to exit his BTC allocation, shifting funds to gold and silver.
Wooden doesn’t imagine the quantum subject will considerably have an effect on BTC costs within the close to time period.
Nevertheless, he believes that the “retailer of worth” idea is clearly on a much less strong basis from the view of a long-term portfolio.
Bloomberg experiences that Christopher Wooden, international head of fairness technique at Jefferies, has eliminated a ten% Bitcoin allocation from his mannequin portfolio, citing issues that advances in quantum computing might undermine Bitcoin’s long-term safety and its position as a retailer of worth…
— Wu Blockchain (@WuBlockchain) January 16, 2026
Bitcoin’s safety relies on cryptographic algorithms, that are safe towards typical computing energy. Nevertheless, quantum computer systems might simply reverse engineer non-public keys from public ones, threatening the system’s integrity.
The potential for quantum computer systems to compromise Bitcoin’s safety has intensified in current months. Specialists imagine a working quantum laptop might arrive in just some years.
Jefferies Drops Bitcoin Allocation For Protected-Haven Belongings
Wooden, Jefferies’ international fairness strategist, has eliminated a ten% Bitcoin allocation from his mannequin portfolio, Bloomberg reported. Wooden cited the danger that quantum computing might undermine BTC’s cryptographic safety as the explanation to shift focus to conventional safe-haven belongings.
Wooden is reallocating the Bitcoin portion equally to gold and gold-mining shares. This represents a whole reversal of his earlier bullish stance on Bitcoin.
Purchase gold, promote Bitcoin: Jefferies’ Chris Wooden explains his huge guess of 2026 https://t.co/Jiibrm85SV pic.twitter.com/0VjJUE4dpH
— Alok Jain ⚡ (@WeekendInvestng) January 16, 2026
The reallocation relies on long-term safety issues moderately than short-term efficiency metrics.
Wooden’s transfer has been interpreted as a sign to different institutional buyers. Bitcoin has been a serious element of long-term funding methods for some years.
This shift suggests rising skepticism about its viability as a retailer of worth.
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