Vitalik Buterin has rejected a warning that artificial intelligence could cause Bitcoin to lose half its value by weakening assumptions about the network\u2019s security.<\/p>\n
In reply to crypto commentator Liron Shapira, Buterin said the chance of AI actually breaking Bitcoin\u2019s hashing or proof-of-work is \u201ctiny,\u201d while arguing that the harder issue would be moving the network through a security upgrade.<\/p>\n
Shapira posted<\/a> that he had \u201c50% confidence\u201d BTC would crash 50% or more within two years because AI could undermine what people had imagined were Bitcoin\u2019s security guarantees.<\/p>\n Buterin took the other side. He said<\/a> he is optimistic about cybersecurity over the long run and sees the main risk as managing the transition itself, not a cryptographic failure, arguing Bitcoin should handle network-layer problems, the kind fixed by upgrading clients or mining pools, without needing broad social consensus.<\/p>\n \u201cI expect BTC to handle at least any issues that do not require social consensus well (upgrading clients, mining pools, etc to deal with network-layer hacks is in this category) (and I think the probability of actual breaks on hashes or PoW is tiny),\u201d he wrote.<\/p>\n Shapira came back later with a smaller number. \u201cI\u2019ve updated down to 40%,\u201d he posted, crediting Buterin and a commentator named Eliezer for the shift.<\/p>\n Vista Labs pushed the debate toward coordination, arguing<\/a> that AI would not need to break SHA-256 if it could shorten the period between finding a vulnerability and exploiting it to less than the time a decentralized network needs to agree on an upgrade.<\/p>\n \u201cDoes upgrade latency become the real security constraint?\u201d the account asked.<\/p>\n However, analyst Crypto Patel framed<\/a> Bitcoin\u2019s strength as its capacity to adapt once new threats appear rather than any promise that it will never face one.<\/p>\n The concern is not entirely theoretical. As CryptoPotato<\/em> reported in August, Bitcoin swap service Boltz suspended<\/a> operations after AI-assisted attacks.\u00a0The five-person team said automated probing had increased before attacks accelerated, leaving it without the resources to keep operating safely.<\/p>\n Furthermore, a recent security campaign found<\/a> 4,962 software issues across 390 Bitcoin-related open-source projects in about 30 hours. The tally included 85 critical and 635 high-severity findings.<\/p>\n Another report published on August 10 found that Kimsuky, a North Korea-linked threat actor, had set up<\/a> local AI environments and collected software for AI execution and automated agents. According to investigators, the group appeared to be preparing AI for malware development, data analysis, and attack techniques.<\/p>\n But replying to Buterin, crypto trader Hazenlee argued that stronger generative AI could make Bitcoin\u2019s scarcity more relevant, given that AI can create content and new tokens cheaply, but cannot simply create ownership of existing BTC or force a decentralized network to accept a false history.<\/p>\n The post Could AI Cut Bitcoin\u2019s Value in Half? Vitalik Buterin Says the Odds Are \u2018Tiny\u2019<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Vitalik Buterin has rejected a warning that artificial intelligence could cause Bitcoin to lose half its value by weakening assumptions about the network\u2019s security. In reply to crypto commentator Liron Shapira, Buterin said the chance of AI actually breaking Bitcoin\u2019s hashing or proof-of-work is \u201ctiny,\u201d while arguing that the harder issue would be moving the […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-224167","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/224167"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=224167"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/224167\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=224167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=224167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=224167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Recent Attacks Show Where AI Can Matter<\/h2>\n