Oscar-nominated actor Terrence Howard declared Bitcoin (CRYPTO: BTC) is “going to die” on the PBD Podcast, while predicting silver will reach “thousands of dollars” as the gold-to-silver ratio collapses from 80:1 toward 13:1.
The ‘Bitcoin Is Going To Die’ Argument
Howard cited Bitcoin’s continued dependence on fiat currency as a fatal flaw.
“Bitcoin is still based on fiat,” Howard said, arguing that as the U.S. dollar weakens, any asset tethered to its value framework remains exposed.
“Nobody wants their money in something that can be wiped out with a push of a button somewhere,” Howard said.
He holds less than 1% of his portfolio in Bitcoin and frames that as a ceiling, not a floor.
Howard’s framework positions dollar collapse leading to metals surge and crypto irrelevance.
This puts him squarely against the Bitcoin-as-digital-gold crowd at a moment when both assets compete for the same …