Buterin Dethrones Crypto Says AI ‘Takes the Crazy Crown’

Buterin Dethrones Crypto Says AI 'Takes the Crazy Crown'

Ethereum co-founder Vitalik Buterin says artificial intelligence has officially outpaced crypto in volatility, declaring that AI now “takes the crazy crown”—a jab at what he sees as its accelerating hype, risk, and unpredictability. 

His remarks come days after publishing a lengthy rebuttal to the viral “AI 2027” doomsday scenario, where he argued humanity has far more defenses than fearmongers suggest.

Buterin Said AI Has Surpassed Crypto in Hype and Instability

On Sunday, Ethereum co-founder Vitalik Buterin posted on X: “Regular reminder that AI is fully capable of regularly taking the crazy crown away from crypto for weeks at a time.”

The timing wasn’t random. His post came just three days after he published My Response to AI 2027, a detailed critique of a widely circulated speculative scenario that forecast human extinction by superintelligent AI as soon as 2030. Buterin pushed back on the idea, calling it technically implausible and one-sided.

He argued that while superintelligent AI poses real threats, it is not automatically a death sentence. “The AI 2027 scenario implicitly assumes that… one side gets AI superpowers, while everyone else stays in roughly the same place,” he wrote, emphasizing that defensive tech—from real-time virus detection to immune system upgrades—could make annihilation far less likely.

Vitalik Buterin on AI Risk and Hype

Buterin’s warning about AI’s rising “craziness” reflects his growing unease with its centralization, opacity, and potential misuse. Over the past two years, he’s shifted from cautious optimism to what he now calls “defensive accelerationism”—the idea that rather than halting AI, humanity should accelerate development of safeguards and open systems.

In multiple essays and interviews, Buterin has contrasted crypto and AI. “Crypto is transparent and theory-driven. AI is opaque and empirical,” he wrote in January. That difference, he says, gives crypto a stronger alignment with human values—assuming it stays decentralized.

He’s particularly skeptical of centralized AI projects with military or corporate ties. “The idea that the best we can do is hand the keys to one well-intentioned hegemon… is not safety—it’s fragility,” he warned.

In his July 10 blog post, Buterin laid out counterarguments to AI catastrophe scenarios: improved cybersecurity, localized governance, immune-boosting bio-tech, and the importance of “defensive AI” agents loyal to individuals, not institutions. He also defended open-source AI models, arguing they help prevent monopolies and encourage multipolar innovation.

Still, Buterin doesn’t dismiss AI risk. He supports limited regulation—especially on frontier models—and stresses that speeding up protective tech must come alongside slowing down high-risk development.

His “crazy crown” quip may have been delivered with dry humor, but the message beneath it was serious: AI isn’t just moving fast—it’s outpacing crypto in both hype cycles and existential stakes.