Michael Burry, the investor known for short selling, warned in a September 11 post that AI and quantum computing could threaten cryptocurrencies and financial assets such as bank and investment accounts, accelerating the loss of the dollar's reserve status. In this scenario, he believes investors should allocate to physical hard assets uncorrelated with traditional stock and bond markets. He revealed that he has purchased fine wine, viewing it as a hedge against the dollar and a tool to combat the fragility of fiat currencies and the financial system. Burry noted that fine wine prices have fallen 25% to 30% from their October 2022 peak.