“Bitcoin's Digital Gold Narrative Weakens Amid Market Volatility”
“Canadian billionaire Frank Giustra has joined critics, urging Bitcoin advocates to abandon the digital gold narrative. He argues that Bitcoin behaves more like a speculative asset than a store of value, especially during turbulent market periods.”
On 2025-04-04, Frank Giustra (Founder, Lionsgate) declared Bitcoin dead via TokenPost. Bitcoin was trading at ~$83,844 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on April 4, 2025, when one Bitcoin traded for approximately $83,844. Bitcoin remains below its price on the day of this declaration — for now.
