Peter Schiff Identifies AI as a Threat to Bitcoin
By: www.tokenpost.kr|2026/08/23 19:28:24
0
Share
Prefer us on GooglePeter Schiff has pointed to artificial intelligence (AI) as a potential threat to Bitcoin (BTC), sparking a debate over mining infrastructure and security research. Schiff argued that AI could compete with BTC for speculative capital, power, and data center infrastructure, and that more powerful AI could identify vulnerabilities in Bitcoin's code and network. According to Bitcoin.com News, Schiff stated on X on the 23rd, "AI is not a bullish factor for Bitcoin." Over 36 Bitcoin and cryptocurrency companies have demanded that security researchers be granted access to robust models at AI research labs. These companies argue that defenders should also use the tools employed by attackers. Recent cases of vulnerabilities in BTCPay Server and Lightning Nodes have also fueled the controversy. The AI-based volunteer group 'Bitcoin Red Team' has reported vulnerabilities in several projects, leading to patches for the BTCPay Server. Schiff's remarks can be interpreted as a question of how AI might change the cost structure and security practices of industries surrounding BTC, rather than whether AI could bring down BTC itself.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Critique of Cryptocurrency: Ben McKenzie Releases Documentary on FTX Collapse and Market Risks
American actor Ben McKenzie, known to audiences from the series The O.C. and Gotham, has presented a documentary titled Everyone Is Lying To You For Money, where the critique of cryptocurrencies becomes the main theme. The film continues the ideas from his book on the crypto market, co-written with ...
Bitcoin and Ethereum ETFs just had their biggest week of 2026 as crypto exploded higher
Bitcoin and Ethereum funds posted their biggest inflow week of 2026 as fresh capital arrived alongside the short squeeze.
Ledger Vulnerability Could Allow Signing of Different Ethereum Transaction Than Displayed
Crypto Industry M&A: Europe's Strict Rules May Trigger a Wave of Deals in the Crypto Sector
M&A in the crypto industry is coming to the forefront as Europe launches MiCA, while the UK finalizes its own regulations for the cryptocurrency market. The new reality is simple: obtaining a license is no longer enough; companies now need to spend years on compliance, risk management, customer prot...
Bitcoin Core considers dropping encrypted routing support as poor node health exposes users to eclipse attacks
Bitcoin Core is weighing a CJDNS warning in 32.x and possible removal in 33.x after one seeder found seven good nodes.
How the Infinite Money Bug on the Stock Market Broke
The fall of the crypto market has crushed the infinite money bug—a market scheme that public companies holding cryptocurrency on their balance sheets had profited from for several years. Now, some of these players are urgently trying to repackage themselves into businesses related to artificial inte...
Sharp Decline in Economic Expectations: 6 out of 10 Argentinians Believe They Will Be Worse Off in the Coming Months
The perception of the economy has deteriorated despite the stabilization of some macroeconomic variables. 64% fear job loss.
A Wall Street Guru Bets on Gold and Explains Why It Remains His Favorite Hedge
Michael Hartnett, strategist at Bank of America, maintains his recommendation on the metal as protection against a potential weakness of the dollar, asset inflation, and a decline in bonds.
Why Shadow Crypto Exchanges Won't Disappear After Raids at 'Gorbushka' and 'Moscow City'
Shadow crypto exchanges in Russia are taking painful hits after raids, but such operations do not destroy the market itself. Alexander Brazhnikov, director of the Russian Association of Cryptoeconomics, Artificial Intelligence, and Blockchain, believes that law enforcement can disrupt individual fra...
Federal Reserve Holds $1.62 Trillion in U.S. Treasury Bonds Exceeding 10 Years
The Federal Reserve's holdings of U.S. Treasury bonds with maturities exceeding 10 years have been reported at $1.622 trillion (approximately 2,247 trillion won). This raises the issue of how to interpret the structure of U.S. long-term Treasury holdings in relation to yield signals and financing co...
Cloud with AI: Why migrating without a strategy has become costly?
63% of Religious Books on Amazon Are Likely AI-Written, Study Finds
ARK Weekly Report: AI Agents Will Continue to Drive the Growth of Anthropic and OpenAI, Grok 4.6 May Lower Frontier AI Cost Curve
Cold Storage of Bitcoins in 2026: Why Hardware Wallets No Longer Seem Invulnerable
Cold storage of bitcoins has long been considered the safest option for those who do not want to keep cryptocurrency on exchanges or in hot wallets. However, a series of incidents involving Coldcard, SafePal, and Trezor has shown that even a hardware cryptocurrency wallet does not free the owner fro...
Federal Reserve Study: Crypto Investors Driven More by Belief, Bitcoin Surge Information Stimulates More Buying
Federal Reserve Study: Crypto Investors Driven More by Belief, Bitcoin Surge Information Stimulates More Buying
An antibody against RANKL prolongs life in mice with progeria
A preclinical study found that blocking RANKL not only restored bone mass but also improved strength, reduced muscle fibrosis, and prolonged the life of mice with Hutchinson-Gilford syndrome. The results are promising, although they still need to be verified in normal aging models and do not constit...
Vascular health in middle age could add 12.6 years without dementia
A follow-up study of 12,409 adults in the United States found that the accumulation of hypertension, diabetes, and smoking during middle age is associated with more dementia, higher mortality, and up to 12.6 fewer years of life without dementia.
Crypto: Solana Reduces Block Creation Time to 350 Milliseconds
BitMart weighs phased restart and creditor payouts
The US approved high-leverage Bitcoin trading while crypto founders remain legally blocked from raising funds
Bitcoin perpetual futures are now live on regulated US exchanges, while the SEC’s proposed crypto fundraising rules remain months from a final vote.
Central Bank Explains Cryptocurrency Exchange for Russian Securities
The exchange of cryptocurrency for Russian securities, which are accounted for in Russia, will follow the logic familiar to stock market participants after the law "On Digital Currencies and Digital Rights" comes into effect: it will be like exchanging one security for another. Currently, this is no...
FTX: Why Caroline Ellison and Gary Wang Will Not Face New Fines
In the FTX case, the CFTC bans Ms. Ellison and Mr. Wang from trading for 5 years but refrains from seeking new financial penalties.
$215 Billion Surge in Altcoin Market Value; Has Altseason Begun?
Is the fixed term worth it? How much does $1,000,000 generate in 30 days
Financial institutions offer different yields for this tool. What to consider and how to know if it is worth it.
Hacker Who Leaked GTA 6 Created a Coin, Soared 20 Times in a Day
Illinois crypto groups seek injunction against new tax
Delays in Germanium Customs Pressure Delivery Times for Taiwanese Equipment
Delays in the customs clearance of germanium and quartz-based materials from China are putting pressure on the delivery timelines of Taiwan's optical, aerospace, and semiconductor equipment industries. The disruption is affecting the procurement of upstream materials and precision components.
CVM Brings Tokenization Agenda to NYSE, Nasdaq, and SEC
Unstable Pix in 7 Banks: What Failures Reveal About the System
Critique of Cryptocurrency: Ben McKenzie Releases Documentary on FTX Collapse and Market Risks
American actor Ben McKenzie, known to audiences from the series The O.C. and Gotham, has presented a documentary titled Everyone Is Lying To You For Money, where the critique of cryptocurrencies becomes the main theme. The film continues the ideas from his book on the crypto market, co-written with ...
Bitcoin and Ethereum ETFs just had their biggest week of 2026 as crypto exploded higher
Bitcoin and Ethereum funds posted their biggest inflow week of 2026 as fresh capital arrived alongside the short squeeze.
Ledger Vulnerability Could Allow Signing of Different Ethereum Transaction Than Displayed
Crypto Industry M&A: Europe's Strict Rules May Trigger a Wave of Deals in the Crypto Sector
M&A in the crypto industry is coming to the forefront as Europe launches MiCA, while the UK finalizes its own regulations for the cryptocurrency market. The new reality is simple: obtaining a license is no longer enough; companies now need to spend years on compliance, risk management, customer prot...
Bitcoin Core considers dropping encrypted routing support as poor node health exposes users to eclipse attacks
Bitcoin Core is weighing a CJDNS warning in 32.x and possible removal in 33.x after one seeder found seven good nodes.
How the Infinite Money Bug on the Stock Market Broke
The fall of the crypto market has crushed the infinite money bug—a market scheme that public companies holding cryptocurrency on their balance sheets had profited from for several years. Now, some of these players are urgently trying to repackage themselves into businesses related to artificial inte...
...
Latest articles
Latest coin listings on WEEX
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
