Entrepreneur Liron Shapira claims there is a 50% probability that Bitcoin’s price will drop by 50% or more within two years due to vulnerabilities that artificial intelligence would create in its security. Ethereum cofounder Vitalik Buterin has taken the opposite position and said he is willing to bet against this prediction. He acknowledges that AI will make cybersecurity more challenging, but believes Bitcoin can handle most software flaws without compromising its social consensus or fundamental cryptographic mechanisms. More than thirty crypto companies, including Coinbase, Block and BitGo, recently urged leading AI developers to give security researchers better access to powerful frontier models. Buterin himself joked that 90% of his net worth was already on the opposite side of the bet.
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