Bitcoin Could Be Hacked and Fall to Zero, Warns Chamath Palihapitiya

Wire briefing

The post Bitcoin Could Be Hacked and Fall to Zero, Warns Chamath Palihapitiya appeared first on Coinpedia Fintech News Billionaire investor Chamath Palihapitiya has warned that Bitcoin could eventually lose its value because of security risks, limited financial privacy and difficulties upgrading its technology. He believes advances in artificial intelligence (AI) and quantum computing could threaten Bitcoin’s cryptographic protections. Speaking in an interview, Palihapitiya said Bitcoin’s growth could be limited because its public transaction …

Source: Coinpedia. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.