Bitcoin OGs ‘faith shaken’ comment stirs heated debate in community
A crypto analyst disagreed with the statement, saying, “Everyone dies. At some point, investment returns become irrelevant.”
A prominent crypto analyst has sparked debate in the Bitcoin community by claiming that Bitcoin OGs are losing confidence in the asset as it becomes increasingly adopted by institutions.
“Many of the most ardent early whales have seen their faith shaken and have been selling at these prices,” Scott Melker, aka The Wolf of All Street, said in an X post on Saturday.
“Bitcoin is amazing, but it’s obviously been co-opted to some degree by the very people that it was created as a hedge against,” Melker said.
