‘Bitcoin will die’

Terrence Howard said he is not touching BTC as it will die.

The Hollywood actor best known for movies like Hustle & Flow, which earned him an Academy Award nomination, the original Iron Man, and Get Rich or Die Trying, has joined the side of bitcoin skeptics.

In a recent appearance on Patrick Bet-David’s PBD Podcast, he envisioned the impending death of BTC. However, he is not the first, and many, many have been wrong in the past.

‘Bitcoin will die’

Declarations of Bitcoin’s death are nothing new, as they have been floating around left and right since the network (and underlying assets) saw the light of day 17 years ago. Although such powerful statements have decreased in number recently, there are still some that come out in the open, and if they come from a famous person, especially not related to the cryptocurrency industry, we should check.

Howard falls under both categories. While talking about different investments during the PBD Podcast, he was emphatic, saying:

“Bitcoin is going to die, I’m not against it.”

He explained that he recently received a call from a friend who offered him an investment opportunity that could earn him $75,000 if he put down $25 million. However, he failed to provide details of what the investment was or how it was related to bitcoin, since the cryptocurrency itself does not promise such a return.

“Bitcoin is still based on fiat, and because the dollar is losing its value, because of the uncertainty of the war around it. Nobody wants their money in something that can be erased by pressing a button somewhere. I’m always clear on it because it has been going down a lot,” concluded the video on X.

Let’s operate

Besides the lack of information on the investment opportunity mentioned above, there are other controversial statements in Howard’s words. First, bitcoin is NOT based on fiat – it is usually priced in fiat currencies, but 1 BTC is always 1 BTC.

Second, we didn’t really understand the “because the dollar is going down and war uncertainty” part – maybe you related that to his last statement that BTC has been going down a lot lately.

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That’s right, the stock is trading at 50% from its all-time high seen in October of last year. However, it is trading at its previous ATH, and a larger scale indicates greater returns to investors. Additionally, BTC tends to move in cycles and now appears to be in a bearish period.

The “no one wants their money on something that can be erased at the push of a button” part is also interesting. And wrong. Who is that? What is that button? How to clear BTC? And – ‘no one wants their money’ in bitcoin? Really? What about billions in ETF income? Or companies that buy bitcoin as their preferred storage asset? Or, even governments buy BTC?

However, bitcoin is not a dead phenomenon. In fact, there have been almost 500 such cases during its youth existence. However, at the moment no one is right.

We’ve been going to zero since 2009 Terrence, my boy pic.twitter.com/zyQrsi6h2y

– Ron Sovereignty Swanson⚡️🗝️ (@RonSwanonson) March 9, 2026