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Saturday, October 24, 2026Updated 19:07 UTC

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Chamath Palihapitiya Warns Bitcoin Will Hit Zero After Years of Bullish Calls

Source: Bitcoin News · Oct 24, 2026 16:30 UTC

Rows of NASA Pleiades supercomputer racks at Ames Research Center — File photo NASA / Dominic Hart · Public domain · Source

The Quick Take

Chamath Palihapitiya once predicted bitcoin would reach $1 million. Now he says artificial intelligence (AI) will eventually hack the Bitcoin protocol and ultimately send BTC’s value to zero. But the billionaire’s reversal follows a familiar pattern. From selling Tesla shares while publicly praising the company to acknowledging serious flaws in his SPAC empire, Palihapitiya has […]

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