Early Bitcoin Tech Investor Turns Bearish, Warns BTC Could Be Hacked To Zero

Tech investor Chamath Palihapitiya , once a loud Bitcoin bull, now says the asset is capped and will eventually be hacked and fall to zero. TL;DR He cites a limited pool of buyers, security risks from leaked ownership data, and AI-driven attacks on cryptography. He says he no longer holds crypto directly , having swapped his bitcoin for equity in Digital Currency Group. BTC trades near $81,500, roughly 26% below its level a year ago. A Prominent Bull Changes Sides Few voices in tech investing carry the reach of Palihapitiya, the Social Capital founder who co-hosts the All-In Podcast with David Sacks, David Friedberg and Jason Calacanis.

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