I clicked on the clickbait for you:

"Leonie Mueck, formerly the chief product officer of Riverlane, a Cambridge-based quantum startup, said Google’s statement did not necessarily suggest there would definitely be a working quantum computer capable of breaking encryption by 2029."

Basically more worried about decrypting currently stored, encrypted information with a future quantum computer. My guess is most critical encrypted files use symmetric encryption (e.g. AES256) and won't be cracked with a quantum computer any time soon (or really, ever.)

How long before Bitcoin's security is broken?

About 2.3 to 4 million Bitcoins are considered "lost".[1] This is several times larger than the remaining 1.3 million un-mined Bitcoins. Expect substantial resources to be devoted to this.

[1] https://coinledger.io/research/how-much-bitcoin-is-lost

oh no, it's the end of the computerized slave society, whatever will we do. just imagine having to pay with cash or coin at a physical location and experience genuine social contact.

Source: https://blog.google/innovation-and-ai/technology/safety-secu... (https://news.ycombinator.com/item?id=47530042)

I'm kind of looking forward to it.