‘Bitcoin is dying’

Terrence Howard said he won’t touch BTC because it’s dying.

The Hollywood actor, known for Oscar-nominated films such as Hustle & Flow, Iron Man and Get Rich or Die, has sided with Bitcoin skeptics.

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

‘Bitcoin is dying’

Declarations of the death of Bitcoin are nothing new, as they have been thrown left and right since the network (and the underlying asset) saw the light of day over 17 years ago. Although such strong statements have decreased in number recently, there are still some who make it openly, and when they come from a famous person, especially one who is not connected to the cryptocurrency industry, we should investigate.

Howard falls into both categories. Speaking about various investments during the PBD Podcast, he highlighted and said:

“Bitcoin is dying, I’m not messing with it.”

He explained that he recently received a call from a friend who offered him an investment opportunity that would net him $75,000 if he lost $25 million. However, he could not provide details about what the investment was and how it was related to bitcoin, since the cryptocurrency itself does not promise such returns.

“Bitcoin is still based on fiat and is depreciating because of the uncertainty of the war around the dollar. Nobody wants to have their money in something that can be destroyed at the click of a button somewhere. I stayed away from it because it has depreciated a lot,” – concludes the video on X.

Let’s share

Aside from the lack of detail about the investment opportunity mentioned above, there are some other controversial statements in Howard’s remarks. First, bitcoin is not fiat-based – it is usually priced in fiat currency, but 1 BTC is always 1 BTC.

Second, we didn’t really understand the “due to the falling dollar and the uncertainty of the war around” part – maybe he related it to his last statement that BTC has been down a lot lately.

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That’s right, the asset is trading 50% off its peak last October. However, it is trading around its previous ATH and the larger macro scale is showing huge gains for 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 destroyed at the click of a button” part is also interesting. And wrong. Who is that person? What is that button? How can it destroy BTC? And – “no one wants their money” in bitcoin? Really? What about the billions in ETF imports? Or corporations buying bitcoin as their preferred reserve asset? Or, even governments buy BTC?

In any case, Bitcoin is no stranger to being declared dead. In fact, there have been around 500 such documented cases during its teenage existence. However, no one is right now.

Going to zero since 2009, my son, Terrence pic.twitter.com/zyQrsi6h2y

— Ron Sovereign Swanson⚡️🗝️ (@RonSwanonson) March 9, 2026