CZ Says AI Won’t Break Bitcoin, but Leaked Data Will Hurt Its Users: Can BTC Turn the $81,000 Floor Into a Bounce?

Image: Coinspeaker
Binance founder Changpeng “CZ” Zhao said on Friday, October 23, that fears of AI hacking crypto are misplaced. Both the internet and banking systems run on weaker encryption, but he warned that AI is already making phishing and social engineering more dangerous for ordinary users. CZ’s post led Friday’s Bitcoin news as the price sat at $81,817, down 0.8% in 24 hours. Bitcoin held $81,000 overnight. Whale wallets kept buying. So, are the AI and quantum threats real, and what does BTC need to bounce from here? Everyone worried about AI hacking crypto, but the internet and banking systems rely on weaker encryption. That said, AI doesn’t need to break Bitcoin’s cryptography to cause damage, leaked data already enables more phishing, social engineering, etc, Stay SAFU!
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