Billionaire says Bitcoin is 'worthless' after CLARITY Act failure

Bitcoin is fundamentally worthless, and no act of Congress is needed to prove it. The failure of the CLARITY Act isn't the problem; the asset itself is. Despite the hype, Bitcoin is just a high-beta risk asset that has already shed half its value from its peak, proving it’s no safe haven. The party is officially over, and regulatory clarity won't save a sinking ship with zero intrinsic value. Is Bitcoin finally heading to zero, or are the skeptics missing the point?
This summary was generated by AI