Vitalik Buterin Rejects AI Bitcoin Crash Thesis
Ethereum co-founder Vitalik Buterin rejects Liron Shapira's 50% confidence claim of a 50%+ Bitcoin price drop due to AI and notes his own crypto holdings already reflect the opposing view.
Ethereum co-founder Vitalik Buterin rejected a forecast from investor Liron Shapira that Bitcoin would fall more than 50% within two years because artificial intelligence could undermine the network's security guarantees.
Buterin said the risk of a genuine breakthrough against Bitcoin's hash algorithms or Proof-of-Work is tiny. He added that Bitcoin can address most network-level problems without requiring broad social consensus.
Buterin noted that roughly 90% of his net worth is already exposed to crypto and therefore already positioned against the forecast.
No specific timelines, technical attack vectors, or probability estimates beyond the rejection were provided, and no details were given on how quickly Bitcoin could respond to hypothetical new threats.