Bitcoin: ‘Funny Internet Money’ During Crisis – Expert Sees Real-World Impact

Arthur Breitman, co-founder of Tezos, believes Bitcoin often faces the ‘funny internet money’ label during economic uncertainty. When crises hit, many investors abandon Bitcoin, treating it as speculative play money rather than a long-term investment. While institutional investments and narratives fuel Bitcoin’s growth, a portion of its owners tend to sell their holdings when times get tough, according to Breitman. He attributes this phenomenon to Bitcoin’s volatile nature as a momentum asset. )