Cobra, the pseudonymous maintainer of Bitcoin.org, warned that bitcoin could face a painful downturn as AI creates new security risks for people holding their own coins. He predicted that attacks on self-custody systems could outpace defenses and cause some holders to lose bitcoin; these are forecasts, not reported losses.
He also argued that large institutional holdings, AI-linked stock offerings and geopolitical instability could add pressure to an already risky market. The source says bitcoin had recently lost nearly 20% of its value over 30 days, but gives no calendar date for that period.
