
Billionaire Chamath Palihapitiya warns Bitcoin will be hacked and go to zero
- —Palihapitiya cited the Bitcoin community's inability to agree on quantum-resistant upgrades
- —He previously called Bitcoin digital gold and predicted it could reach $200,000
- —Glassnode estimates 6.04 million BTC, or 30.2% of supply, sit in addresses with exposed keys
- —Google Quantum AI said breaking ECC may need fewer than 500,000 physical qubits
Why it matters: The comments add to the debate over quantum risk to Bitcoin, with 6–7 million BTC estimated to be potentially vulnerable.
Source: Finbold