Buterin Rejects AI-Driven Forecast of 50%+ Bitcoin Price Collapse

Ethereum co-founder Vitalik Buterin has publicly rejected a forecast that artificial intelligence will trigger a sharp collapse in Bitcoin. In a September 7 exchange on X, he said he stands on the opposite side of a claim made by Silicon Valley angel investor and AI-risk commentator Liron Shapira.

Shapira predicted a 50% or more price drop for Bitcoin within two years due to AI undermining its security and robustness guarantees. Buterin countered that he is 'quite optimistic about cybersecurity in the long term' and views the main challenge as managing the transition period rather than an imminent cryptographic failure.

He believes that Bitcoin can address most threats without requiring a change in social consensus, such as through software updates or mining-pool adjustments. Buterin also stated that he is already 'effectively making the wager' due to his existing portfolio being heavily concentrated in crypto assets, chiefly ether.