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Interesting perspective. The 19,397 physical qubits vs. 96 logical qubits comparison really puts the current gap into perspective. Even if practical quantum attacks on secp256k1 are still far away, papers like this are useful because they show what the engineering requirements could look like if fault-tolerant quantum computers become practical.

I also agree with the last point: this is a good reason to keep developing and testing post-quantum cryptographic options now, rather than waiting until the threat becomes immediate.