Oscar-nominated Hollywood actor Terrence Howard warned that “Bitcoin could die” as global tensions and dollar weakness unsettle markets. Howard argued Bitcoin depends on the U.S. dollar and could suffer if war and currency stress worsen globally today.
Why Terrence Howard Is Not Buying Bitcoin
On the PBD Podcast, Howard highlighted Bitcoin’s connection to the traditional financial system. According to the actor, the digital asset still relies on the U.S. dollar for pricing and valuation. Because of this link, he believes broader economic instability could eventually affect Bitcoin.
In the conversation with Patrick Bet-David, Howard recalled a talk with a friend about crypto investing. The suggestion was to place $25 million into a crypto-related opportunity tied to Bitcoin returns. In exchange, the deal promised a $75,000 gain through account-based activity.
Source: https://bitcoincounterflow.com/, Bitcoin vs Us Dollar (DXY) chartHowever, Howard said the proposal strengthened his doubts about the asset class. He said Bitcoin remains connected to fiat currency through dollar pricing. As a result, he argued Bitcoin cannot fully escape pressures affecting the global financial system.
Why Oscar Winning Actor Thinks Bitcoin Is Not A Good Investment
Howard then connected his concerns to geopolitical developments and currency instability. He pointed to war uncertainty and declining dollar value as some of the reasons for his investment decisions. According to him, investors may hesitate to hold assets vulnerable to sudden systemic disruptions.
Oil prices tumbled roughly 10% during the day amid developments tied to the ongoing U.S.–Iran conflict. The drop followed a warning from President Donald Trump regarding possible retaliation.
Howard also referenced historical BTC price swings during the conversation. He pointed to earlier levels around $18,000 before the asset surged toward $125,000. The actor noted the price later fell toward the $61,000 region, highlighting sharp fluctuations. Because of these cycles, Howard described the asset as unstable. He said such movements reinforced his decision to avoid large crypto exposure.
However, Bet-David said he keeps less than one percent of his investment portfolio in Bitcoin. He added that long-term price history shows recurring market cycles. Meanwhile, Howard said precious metals are his alternative assets.
Source: https://coingape.com/bitcoin-is-going-to-die-hollywood-fame-terrence-howard-warns/
