Oliver Market Intelligence

Oliver Market Intelligence

The Case Against Bitcoin as Sound Money

How digital scarcity became confused with genuine stores of value

Matt Oliver's avatar
Matt Oliver
May 21, 2026
∙ Paid

A man walks into a luxury watch dealer in Geneva carrying two assets.

In one hand is a one-ounce gold coin that has preserved purchasing power across generations. In the other is a hardware wallet containing Bitcoin purchased near the market highs.

The dealer barely glances at the Bitcoin wallet.

He carefully inspects the gold coin instead.

Not because he i…

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