Bitcoin Crash? 90% of Buterin’s Net Worth Opposes AI

Vitalik Buterin has rejected a forecast that artificial intelligence could cut Bitcoin price by more than half within two years. The Ethereum co-founder said his existing crypto holdings already place roughly 90% of his net worth on the opposite side of that view.

Bitcoin is at just under $80,000 after reaching a three-month high of $82,500 on September 3. Using a price near $80,000 as a reference point, a 50% decline would place Bitcoin at $40,000.

Shapira, a Silicon Valley investor and host of the Doom Debates podcast, said he had 50% confidence that Bitcoin would lose more than half its value within two years because AI could undermine the security or robustness guarantees that investors expect from the network.

His concern is that faster AI could eventually create new attacks against the technology protecting Bitcoin. The wording of Shapira’s claim focuses on the security guarantees people expect from Bitcoin, while the report describes the possible impact of AI on those assumptions.

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