Ethereum co-founder Vitalik Buterin maintains that roughly 90% of his net worth serves as a bet against predictions that AI will undermine Bitcoin security and trigger a price collapse. He disagreed with the view that BTC could fall more than 50% over the next two years, stating that the probability of successful breaks on hashes or proof-of-work is "tiny."

Network-layer attacks can be addressed by upgrading clients and mining pools, which Buterin classifies as issues not requiring social consensus. He expressed long-term optimism for cybersecurity and identified the primary hurdle as the transition to updated systems.

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Key sources

  1. SOURCE@vitalikbuterin“probability of actual breaks on hashes or PoW is tiny”x.com
  2. SUPPORT@wublockchain“Network-layer attacks can be addressed by upgrading clients and mining pools”x.com
  3. SUPPORT@cointelegraph“90% of his net worth is effectively already betting against it”x.com
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