Hacker George Hotz joked that OpenAI’s o3 model could break crypto security, sparking debates about AI hype and cryptography.
Legendary hacker George Hotz, known for hacking iPhones and PlayStations, caused a stir with his latest claim: “None of your crypto assets are safe.” This spicy statement came after OpenAI dropped its new o3 model, rumored to have cracked a way to factor big numbers in polynomial time—basically a kryptonite for cryptography.
Hotz pointed to an Axios article suggesting computer science majors are sweating bullets over being replaced by this genius AI model, which can outcode most developers already. If true, this AI breakthrough could mess with the backbone of crypto security. But don’t freak out just yet—experts say without quantum computing on a massive scale, crypto’s safe. For now.
Crypto bigwigs like Blockstream CEO Adam Back dismissed Hotz’s warning as “highly arguable,” noting the Axios article doesn’t even mention such an algorithm. Back thinks this is likely just a misunderstood meme.
Hotz later admitted it was all a joke aimed at exposing how easily people fall for AI hype. His advice? “If you bought this, maybe rethink what other AI buzz you’re buying into.”
TL;DR: Hotz trolled everyone, AI isn’t killing crypto (yet), and it’s a reminder to chill with the hype.
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