
🚨Chamath just said Bitcoin eventually gets hacked and then it goes to zero. On the Moonshots podcast he explained it like this: Bitcoin is capped. The obvious target is Satoshi’s wallet. An attacker cracks it, drains the coins, shorts Bitcoin, then tells everyone what happened so they get paid twice. He thinks AI (and later quantum computers) can be pointed at crypto. He also said moving Bitcoin to quantum-resistant cryptography is basically impossible because the community can’t even agree on simple things. He added that he no longer holds Bitcoin directly. He moved his exposure into equity through Digital Currency Group years ago so he wouldn’t have to deal with storage and security risk. https://t.co/c6e8Q2XU2s
