Social Capital Founder Predicts Bitcoin Will Be Hacked to Zero

Community Trust Score Verified 93 % Real Verified 14 votes Updated 29 seconds ago Chamath Palihapitiya, founder of Social Capital, stated on the Moonshots podcast that Bitcoin is capped in value and will eventually be hacked to zero. The tech investor, who co-hosts the All-In Podcast with David Sacks, David Friedberg, and Jason Calacanis, described the asset as a “dead end” during an appearance with Peter Diamandis. He cited a limited pool of potential buyers, security risks stemming from leaked ownership data, and the threat of AI-driven attacks on cryptography as the primary drivers of his bearish outlook.

Source: The Currency Analytics