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Buterin rejects claim AI could crash Bitcoin by 50% or more, Crypto.news reports

Crypto.news says Buterin cited his own finances: about 90% of his net worth was already betting against that outcome.

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2 Sources, 24d ago, first seen 24d ago

TLDR

Crypto.news reports that Vitalik Buterin rejected a claim that AI could undermine Bitcoin’s security and cause a crash of 50% or more. According to the outlet, Buterin said about 90% of his net worth was already betting against that outcome.

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5K

2 Sources, first seen 24d ago

18 likes2 comments1 reposts

Combined views

5K

2 Sources, first seen 24d ago

18 likes2 comments1 reposts

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2 Sources

@cryptodotnewsJUST IN: Vitalik Buterin rejected the claim that AI could crash Bitcoin 50%+ by undermining its security He said about 90% of his net worth is already betting against that outcome
@CryptoSlate.@VitalikButerin says AI is unlikely to break Bitcoin’s core security—and says his existing crypto holdings already amount to betting roughly 90% of his net worth on that view. His concern is the transition: AI can still overwhelm wallets, bridges and services long before it breaks Bitcoin itself. https://cryptoslate.com/vitalik-buterin-now-confident-ai-wont-break-crypto-betting-90-of-his-net-worth/
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    2 Sources

    @cryptodotnewsJUST IN: Vitalik Buterin rejected the claim that AI could crash Bitcoin 50%+ by undermining its security He said about 90% of his net worth is already betting against that outcome
    @CryptoSlate.@VitalikButerin says AI is unlikely to break Bitcoin’s core security—and says his existing crypto holdings already amount to betting roughly 90% of his net worth on that view. His concern is the transition: AI can still overwhelm wallets, bridges and services long before it breaks Bitcoin itself. https://cryptoslate.com/vitalik-buterin-now-confident-ai-wont-break-crypto-betting-90-of-his-net-worth/
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