This is why the most exposed institutional holders have been waiting. They are waiting for the coordination work to happen, which a research grant does not accomplish. The work needs an actor with the standing to convene the protocol communities, the custodians, and the regulators who must move together. No funded entity has taken on that role at the scale Bitcoin requires. The geopolitical race Government funding accelerated the offense. Every dollar that compounds into quantum hardware compresses the defense's runway. The day after the U.S. announcement, Emmanuel Macron committed €1 billion to France's quantum strategy and called for Europe…