Mike Novogratz, CEO of Galaxy Digital, downplays the potential threat posed by quantum computing to Bitcoin. He believes the Bitcoin network can adapt with quantum-resistant coding, despite some Wall Street analysts citing quantum risk as a reason to reassess Bitcoin investments. Novogratz points out that major quantum computers are likely still decades away, asserting that the current concerns are overblown. He acknowledges that some long-term Bitcoin holders, referred to as "OGs," are taking profits, which could signal a shift away from the HODLing mentality that has characterized early Bitcoin enthusiasts. The recent sale of over 80,000 Bitcoin, valued at $9 billion, by a single investor has intensified discussions about the commitment of these early adopters to holding their assets. This transaction was framed as part of the seller's estate planning, but it raised questions about whether the OG community is losing faith in the long-term value of Bitcoin. Novogratz suggests that once selling begins, it can create a cycle that makes it increasingly difficult for holders to resist cashing out. He notes that many early believers in HODLing seem to have lost their fervor, leading to a noticeable trend of profit-taking. In contrast, other players in the cryptocurrency space, such as Coinbase and the Ethereum Foundation, are taking the threat of quantum computing seriously. Coinbase acknowledges it as a potential long-term risk, and the Ethereum Foundation has created a dedicated team to address post-quantum security. The tension between these differing viewpoints highlights a divide in the crypto community regarding the implications of quantum technology on digital currencies. Despite the uncertainty, Novogratz maintains that the Bitcoin network will be prepared when quantum technology advances.