Highlight Clip Early Bitcoin Core Developer: 99% of Digital Assets Will Eventually Go to Zero Early Bitcoin Core Developer: 99% of Digital…
Highlight Clip Early Bitcoin Core Developer: 99% of Digital Assets Will Eventually Go to Zero
Early Bitcoin Core Developer: 99% of Digital Assets Will Eventually Go to Zero
On July 28, 2026, early Bitcoin core developer Jeff Garzik stated on the Bitcoin Treasuries podcast that 99% of digital assets will inevitably go to zero. He believes that with zero creation costs enabling permissionless innovation, networks like Solana generate massive amounts of new tokens daily.
Under the law of supply and demand, this near-infinite supply naturally leads to most tokens losing their value. Garzik stated that this zero-cost free competition is positive for the overall industry, as it provides an optimal testing ground for economic experiments, where the high-quality projects that survive the brutal elimination will ultimately benefit everyone.