I see it as good news also but TBH I wasnt worried about a threat from quantum computing
because there is no way something like this wasnt going to happen at some stage and there
is no way vested interests would sit on their hands and watch the possible threat get closer
and closer.
Quantum wasn't even built to become a threat, today's computers are weak and can't do some task and Quantum computers become the new development and since it's going to be too powerful to break cryptography, Bitcoin is definitely going to be affected. This was already discussed until they published Bitcoin article and it went viral, and you know Bitcoin as speculation, people are concern even me I do but we are still years apart from been able to become that threats like people discussed as if apocalypse is coming next year.
After reading the article I see that there isnt a mention about the Bitcoin developers, I guess
they will be working on their own approach?
Its also clear that 'the institutions' take both Bitcoin and the possible threat very seriously.
This is more like grants to support any group that is working on Quantum solutions which is great, if anyone is interested in the grants perhaps they will have to apply for support and if they see there is development in what they are working on, they may receive more than enough to continue the work, that's how I have seen other independent grants but the process is what I'm not sure, perhaps they will explain later on how the funds will be used to support developers.