Michael Saylor, the prominent Bitcoin advocate and executive chairman of Strategy, recently pushed back against a growing concern in crypto circles that advances in artificial intelligence make holding...
Summary
- Michael Saylor, the prominent Bitcoin advocate and executive chairman of Strategy, recently pushed back against a growing concern in crypto circles that advances in artificial intelligence make holding Bitcoin too risky because AI could more easily hack crypto applications.
- In a post on X, Saylor wrote, “There’s no reason to own Bitcoin because AI can hack a crypto app is like saying there’s no reason to speak English because AI can hack a messaging app.” Saylor draws a sharp distinction between Bitcoin itself and the advanced technology software people use to interact with it.
- Crypto apps wallets, exchanges, and interfaces are applications built on top of that protocol.
- They can be vulnerable to hacks, phishing, or sophisticated AI-assisted attacks, just as messaging apps can be compromised without making the English language itself worthless or obsolete.
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