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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

How Vermillio Tackles AI’s Creator Rights Challenge

As AI reshapes the entertainment industry, who controls and gets paid for the use of a creator’s work and likeness? Vermillio is tackling that question with technology designed to track and license AI-generated content. Vermillio Co-Founder and CEO Dan Neely joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Tech on…

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As AI reshapes the entertainment industry, who controls and gets paid for the use of a creator’s work and likeness? Vermillio is tackling that question with technology designed to track and license AI-generated content. Vermillio Co-Founder and CEO Dan Neely joins Ed Ludlow on “Bloomberg Tech.”
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Luma AI Bets on ‘Hybrid’ Future for Hollywood

Luma AI COO Caroline Ingeborn says generative AI could help bring more film and television production back to Los Angeles by lowering costs and giving creators new ways to execute ambitious projects. She discusses why she sees AI as a tool for creative professionals rather than a replacement for them and how “hybrid filmmaking” can…

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Luma AI COO Caroline Ingeborn says generative AI could help bring more film and television production back to Los Angeles by lowering costs and giving creators new ways to execute ambitious projects. She discusses why she sees AI as a tool for creative professionals rather than a replacement for them and how “hybrid filmmaking” can combine real actors and crews with AI-generated environments. She joins Ed Ludlow on “Bloomberg Tech.”
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SpaceX Launches Crew for NASA on Retiring Dragon Capsule

SpaceX launched a new crew of four astronauts to the International Space Station on Thursday, as questions swirl over the company’s plans for the future of its human spaceflight program. Bloomberg’s Loren Grush joins Ed Ludlow as the crew lifts off on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Tech on YouTube:  …

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SpaceX launched a new crew of four astronauts to the International Space Station on Thursday, as questions swirl over the company’s plans for the future of its human spaceflight program. Bloomberg’s Loren Grush joins Ed Ludlow as the crew lifts off on “Bloomberg Tech.”
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