Bitcoin’s 50% Collapse Exposes Two Industry Myths by Larry Swedroe

u/Ashtoruin · Reddit — r/Bogleheads · February 11, 2026 at 09:17 · ⬆ 1 pts  | View on Reddit ↗
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Original Reddit comment

Author advises against investing in crypto and precious metals, arguing Bitcoin has no utility beyond sentiment.

BTC-USD — AVOID Author states they would never really suggest investing in crypto or precious metals, and argues Bitcoin has no industrial use unlike gold, which still has about 10% industrial demand. Bitcoin's value rests solely on sentiment or 'vibes', making it an unattractive investment.

Bitcoin has *nothing* other than vibes.

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u/Ashtoruin Reddit r/Bogleheads
Bitcoin has no utility, only vibes; avoid it.
Author states they would never really suggest investing in crypto or precious metals, and argues Bitcoin has no industrial use unlike gold, which still has about 10% industrial demand. Bitcoin's value rests solely on sentiment or 'vibes', making it an unattractive investment.
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This Reddit post, published February 11, 2026, features u/Ashtoruin discussing BTC. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/Ashtoruin  · Tickers: BTC