Macro· ★★· neutral·

Hut 8 co-founder warns of AI threat to financial system, moves funds back into BTC

  • Van der Chijs: AI could attack banks' legacy software, with vulnerabilities spreading across the system
  • He estimates AI and robots could eventually take 90-95% of existing jobs
  • Hut 8 previously signed a $9.8 billion AI data center contract, with shares up 33% in a day
  • He believes the capital inflow into AI prevented bitcoin from reaching $200,000-250,000
Why it matters: A signal about the risks at the intersection of AI and traditional finance, and about a major miner returning capital to bitcoin through ETFs.
Source: 動區 BlockTempo