Chamath @ 00:16:20Inconclusive
marketseconomy
At some point during Chamath Palihapitiya’s remaining lifetime, Bitcoin will become an independent asset and a non‑speculative store of value (i.e., it will trade more like a monetary reserve asset than a high‑beta risk asset).
There will be a point and it's probably in our lifetime, where it is an independent asset and a non speculative store of value. There will be that day, but that day is not now.View on YouTube
Explanation
The prediction is explicitly long‑dated: Chamath says that at some point in his lifetime Bitcoin will become “an independent asset and a non‑speculative store of value.” As of 30 November 2025:
- Bitcoin is still widely characterized as a volatile, high‑risk asset with large drawdowns and strong correlation to broader risk‑on sentiment and tech/growth equities, not as a stable monetary reserve asset.
- However, the prediction concerns a state that may or may not occur at any time in the remaining decades of his life. There is no specified deadline (e.g., by 2030), so the fact that it has not happened yet does not falsify the claim.
Since the timeframe extends indefinitely into the rest of Chamath Palihapitiya’s life, and that period has certainly not expired, we cannot yet determine whether Bitcoin will eventually meet his criterion of being a non‑speculative, reserve‑like asset.
Therefore, the correct classification as of now is: inconclusive (too early to tell).