Hot Crypto Discussions on X Today: KOLs on Economic War, BTC’s Role, & More

Back in 2008, the economy was hit by the housing bubble, the Lehman Brothers’ collapse, and a major stock market drop. In 2020, the slowdown came with the COVID-19 pandemic. Now, the global economy is at another turning point as trade tensions rise between countries.

Markets are reacting strongly. Stocks and crypto have seen major selloffs following the new tariffs.

As of now, Bitcoin is trading below $77,000. Investor confidence is low – the fear and greed index is at 15, showing extreme fear, according to CoinMarketCap.

On X (Twitter), the crypto community is full of conversations about how the industry is coping, with influencers and analysts weighing in on the industry’s ability to stay resilient.

1. Bitcoin Outlasting the Dollar Feels Like a Real Possibility Now, Says Jeff Park

Jeff Park, Portfolio Manager and Head of Alpha Strategies at Bitwise Asset Management, believes Bitcoin could outlast the US dollar “in our lifetime.” In a post on X, Park said there’s a higher chance of this after today, reflecting on Trump’s economic policies.

The current economic situation challenges the U.S. dollar’s dominance and its role as the global reserve currency.

Commenting on the idea of Bitcoin surviving over the dollar, Park admitted that while the thought once felt unrealistic, it now feels like the truth.

2. @blockgraze Questions David Sacks' Crypto Selloff

Crypto trader @blockgraze made sarcastic remarks about David Sacks, the crypto and AI czar, selling his holdings at a market peak.

Blockgraze suggests that Sacks prioritized his personal finances, contributing to the economic crash by selling his assets.

Before joining Trump’s administration, Sacks sold $200M worth of crypto-related holdings, including Bitcoin, Ether, and Solana, along with shares in Coinbase and Robinhood.

3. Current Economic Slowdown Is Worse Than 2008, Says @stackhodler  

According to crypto investor Stack Hodler (@stackhodler), the current global economic situation is more challenging than the 2008 crisis due to the rise in global debt.

Stack Hodler believes two possible scenarios could unfold. 

1. Total collapse.
2. The Federal Reserve steps in and buys up everything, leading to a loss of trust in major financial institutions.

In this case, people might turn to gold and Bitcoin as safe investments, replacing government bonds, as the Trump administration’s policies put increasing pressure on central banks.

Stack Hodler also noted that U.S. Treasury Secretary Scott Bessent’s plan to reduce yields through tariffs is not working, and bond market volatility is reaching crisis levels.

His advice for followers: stack hard money, stay solvent, and enjoy life while central planners and fiat alchemists struggle to fix the economy.

4. Sharples Shared Notable Drop in Virtuals’ Revenue 

Crypto researcher and data analyst Sharples (@0xSharples) shared a chart showing a big revenue decline of Virtuals Protocol. 

From over $500,000 in single-day revenue in December 2024, the platform's current revenue is now below $500.

Virtuals Protocol, originally launched on Base and later expanded to Solana, uses AI agents and crypto wallets to create a marketplace for virtual experiences. However, this revenue drop aligns with the broader downturn in the crypto market.

Sharples also noted that it’s been about a week since a new agent was launched on Virtuals.

​​5. Tyler Durden Imagines Another Reality With No Tariffs or Crypto

Amid market tension, Bitcoin trader Tyler (@TylerDurden) described a hypothetical person in a new post on X. The person lives a minimalist, off-grid life – showering in a waterfall, fishing with a dog, and unaware of modern concepts like smartphones, crypto, or tariffs.

Tyler labels this protagonist a “psychopath” for being so extremely disconnected from societal norms.

In these stressful times, the scenario might sound oddly comforting.