Artificial Intelligence and Cryptocurrency Statement by Vitalik Buterin

Vitalik Buterin, one of the founders of Ethereum, said that he does not think that artificial intelligence poses a great threat to cryptocurrencies. Responding to a tweet written by a user on X, "I expect Bitcoin to fall by more than 50% in two years due to artificial intelligence," Buterin stated that he did not agree with this thought.

“90% of my wealth is here anyway…”

Stating that in the world of artificial intelligence, defense systems are improving as much as attackers, Buterin wrote that the important issue is to ensure a balanced transition here. Buterin also stated that he does not expect the PoW system to be cracked by artificial intelligence:

"I oppose the idea that artificial intelligence poses a threat. One of my main reasons is that I do not view cybersecurity very positively in the long run. One of the biggest problems, if there is one, may be in the transition period. However, I think Bitcoin will overcome this situation. At least the problems that do not require collective consensus will be resolved. I also see a low probability of the hash system and PoW being broken.

“I would open a bet on this issue, but 90% of my wealth is here anyway (I think you will agree with Ether) and therefore I have already accepted this bet from the beginning.”

In other words, Buterin states that the person who made the claim (Liron Shapiro) has the same opinion for the Ethereum network as for Bitcoin, and considering that 90% of his assets are in Ether, he does not need to prove his trust.