Bitcoin’s ‘True Value’ Is $0, Says Under Fire Financial Times Columnist, Claims Altcoins Destroy Its Scarcity
Yahoo Finance·2026-02-12 16:09

Key Takeaways Bitcoin’s “zero dollar theory” debate has intensified. Industry has pushed the AI adoption thesis. Institutional exposure continues to rise. Financial Times columnist Jemima Kelly has come under fire after arguing that Bitcoin (BTC) has no inherent value, joining a growing chorus of analysts advancing the so-called “zero dollar theory.” Kelly’s remarks, expanded on in a recent CNBC appearance, have prompted intense pushback from Bitcoin advocates and market commentators. The dispu ...