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Bitcoin Slump Raises Questions About Crypto’s Purpose

Bitcoin’s price fell below $70,000 on Monday, a slump from a peak of $126,000 last October, as investors grapple with existential questions about what crypto is for. Jalak Jobanputra, founder and managing partner of FuturePerfect Ventures, discusses opportunities in the sector with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe…

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Bitcoin’s price fell below $70,000 on Monday, a slump from a peak of $126,000 last October, as investors grapple with existential questions about what crypto is for. Jalak Jobanputra, founder and managing partner of FuturePerfect Ventures, discusses opportunities in the sector with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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9 Comments

9 Comments

  1. @BullsEye3333

    February 9, 2026 at 2:08 pm

    What is all this bullshit about digital gold? Bitcoin is so much more.
    I’ve been screwed over by banks for decades. High fees, hidden fees, every single penny seized out of my account, chargeback fees, 7 business day hold, banking hours, identity theft, etc. Becoming my own bank with Bitcoin instantly fixed everything.

    • @BernaysPropaganda

      February 9, 2026 at 2:10 pm

      🤣🤣🤣

    • @daShadoSage

      February 9, 2026 at 3:49 pm

      Which bills do you pay with Bitcoin?

  2. @BernaysPropaganda

    February 9, 2026 at 2:11 pm

    “digital gold” 🤡 It’s not even a great currency let alone an “investment”

  3. @4twistedtrays98

    February 9, 2026 at 3:25 pm

    BTC- Brutalized The Children coin. The Pedo dollar.

  4. @Reptile619

    February 9, 2026 at 5:56 pm

    Boomers complaining about Bitcoin shocker

  5. @stephengopaul8090

    February 9, 2026 at 7:48 pm

    Rat poison. Charlie Munger.

    • @Huskylover72

      February 9, 2026 at 8:16 pm

      Warren Buffet…Pet rocks!

  6. @Huskylover72

    February 9, 2026 at 8:15 pm

    He we go again for the 100th time, Bitcoin crashes and its useless then a few years its all time highs and its good tech again

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Bloomberg Technology

Nvidia’s Huang Calls AI Jobs Concerns ‘Nonsense’

Nvidia’s Jensen Huang calls concerns of AI taking jobs “complete nonsense,” saying instead that companies are hiring more software engineers due to the abilities of new agentic AI features. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:…

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Nvidia’s Jensen Huang calls concerns of AI taking jobs “complete nonsense,” saying instead that companies are hiring more software engineers due to the abilities of new agentic AI features.
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Nvidia Enters the Laptop Market with Superchip, Taking on Intel and AMD

Nvidia is entering the PC market with a new superchip. With Windows running on the chips, the company is going head-to-head with Intel and AMD, Tom Mackenzie explains. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:  …

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Nvidia is entering the PC market with a new superchip. With Windows running on the chips, the company is going head-to-head with Intel and AMD, Tom Mackenzie explains.
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Anthropic Files Confidentially for IPO in Race With OpenAI

Anthropic has confidentially submitted draft paperwork for a public listing, potentially leapfrogging longtime rival OpenAI in the race toward a Wall Street debut as soon as this fall. Edward Ludlow reports. Original filename: anthropic2.mp4 ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline…

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Anthropic has confidentially submitted draft paperwork for a public listing, potentially leapfrogging longtime rival OpenAI in the race toward a Wall Street debut as soon as this fall. Edward Ludlow reports.

Original filename: anthropic2.mp4
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