tl;dr - don't get your panties in a bundle over quantum threats.
This is a pretty great summary of the current quantum readiness landscape in Bitcoin. They do a nice job of talking about nuance. For instance:
First, as documented throughout this report, developers are actively working on the problem, and the pace of proposals has accelerated meaningfully since late 2025. Second, unlike the block size wars (which were fundamentally a dispute about Bitcoin's economic vision), a post-quantum upgrade is a response to an external technical threat that affects all participants equally. There is no constituency (apart from thieves) that benefits from Bitcoin being vulnerable to quantum attack. Third, the economic incentives are strongly aligned: holders, miners, exchanges, and developers all have enormous financial exposure to the network's continued security. As the quantum threat becomes more credible, the cost of inaction rises for every participant. History suggests that when incentive alignment is strong enough, even a deliberately slow-moving network can act.
The report also has a good grasp of how Bitcoin works:
Bitcoin has no CEO, no board, and no central authority that can mandate a software update. Changes to consensus rules require broad coordination among developers, miners, node operators, wallet providers, exchanges, and users. This process is slow by design, and it is also one of Bitcoin's most important properties.
It's a great report to send to people who are worried about Bitcoin and quantum. I thought about emailing it to Nic Carter but then I decided that I had other things to do.
Sounds like Galaxy Research plans on updating it as time goes by, too:
Galaxy Research will periodically update and recirculate the third section as the work evolves. But as our survey of initiatives will show, that work is already substantial, notwithstanding recent accusations of complacency leveled at the developer community. This makes us optimistic that the problem of quantum vulnerability can and will be solved in time to mitigate the threat, despite the formidable technical and governance challenges involved.