Binance Square

btcconspiracy

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DAN PENA SAID...Is he right?Dan Pena: “BITCOIN WILL GO TO FCKING ZERO… IN MICROSECONDS, WHUP! 📉 LIKE THAT.” No, Dan Peña's prediction has not come true. Despite his repeated claims since 2019 that Bitcoin is a "Russian conspiracy" and will drop to zero in "microseconds," the asset remains a major global financial instrument. Explanation Current Value: As of February 2026, Bitcoin is trading at approximately $61,800 (€57,100). While down from its 2025 highs, it is nowhere near zero [1]. Institutional Adoption: The launch of Spot ETFs by giants like BlackRock and Fidelity has integrated Bitcoin into the traditional financial system, making a "sudden wipeout" statistically improbable [2]. Market Resilience: Bitcoin has survived multiple "crashes" of 80%+. Its decentralized nature and fixed supply of 21 million coins provide a floor of support from global holders [3]. The "Satoshi" Argument: Peña claims revealing the creator will kill Bitcoin. Most experts argue the protocol is now independent of its creator and would continue to function regardless of who Satoshi is [1]. Why other options are incorrect ❌ The "Microsecond" Crash: Financial markets for liquid assets with trillions in market cap do not vanish in microseconds due to circuit breakers and global limit orders. ❌ Russian Conspiracy: There is zero cryptographic or intelligence evidence supporting Peña's claim that Bitcoin was created by Putin to destroy the US dollar. ❌ Zero Intrinsic Value: While critics like Warren Buffett agree with Peña on value, the network effect and utility as "digital gold" have prevented the price from collapsing to zero for over 15 years.$BTC #btcconspiracy

DAN PENA SAID...Is he right?

Dan Pena: “BITCOIN WILL GO TO FCKING ZERO… IN MICROSECONDS, WHUP! 📉 LIKE THAT.”
No, Dan Peña's prediction has not come true.
Despite his repeated claims since 2019 that Bitcoin is a "Russian conspiracy" and will drop to zero in "microseconds," the asset remains a major global financial instrument.
Explanation
Current Value: As of February 2026, Bitcoin is trading at approximately $61,800 (€57,100). While down from its 2025 highs, it is nowhere near zero [1].
Institutional Adoption: The launch of Spot ETFs by giants like BlackRock and Fidelity has integrated Bitcoin into the traditional financial system, making a "sudden wipeout" statistically improbable [2].
Market Resilience: Bitcoin has survived multiple "crashes" of 80%+. Its decentralized nature and fixed supply of 21 million coins provide a floor of support from global holders [3].
The "Satoshi" Argument: Peña claims revealing the creator will kill Bitcoin. Most experts argue the protocol is now independent of its creator and would continue to function regardless of who Satoshi is [1].
Why other options are incorrect
❌ The "Microsecond" Crash: Financial markets for liquid assets with trillions in market cap do not vanish in microseconds due to circuit breakers and global limit orders.
❌ Russian Conspiracy: There is zero cryptographic or intelligence evidence supporting Peña's claim that Bitcoin was created by Putin to destroy the US dollar.
❌ Zero Intrinsic Value: While critics like Warren Buffett agree with Peña on value, the network effect and utility as "digital gold" have prevented the price from collapsing to zero for over
15 years.$BTC
#btcconspiracy
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