Vitalik Buterin, co-founder of Ethereum, disagrees with investor Liron Shapiro's prediction that Bitcoin could drop by over 50% in the next two years. Shapiro estimated a 50% chance of this scenario occurring, suggesting that AI might compromise the security perceptions surrounding the cryptocurrency.
Buterin asserted that the likelihood of hash function breaches or issues with the Proof-of-Work mechanism is extremely low. He believes that the network will be able to handle challenges that can be resolved through software updates without needing to reach consensus on rule changes across the entire community.
