Early Bitcoin Tech Investor Turns Bearish, Warns BTC Could Be Hacked To Zero
Photo: Bitcoinist
Tech investor Chamath Palihapitiya , once a loud Bitcoin bull, now says the asset is capped and will eventually be hacked and fall to zero. TL;DR He cites a limited pool of buyers, security risks from leaked ownership data, and AI-driven attacks on cryptography. He says he no longer holds crypto directly , having swapped his bitcoin for equity in Digital Currency Group. BTC trades near $81,500, roughly 26% below its level a year ago.
Source: Bitcoinist
