Terrence Howard Says Bitcoin Is Going to Die, Bets Bullishly on Silver 

 

By James Ademuyiwa // March 13, 2026 @ 12:41 PM
Terrence Howard Says Bitcoin Is Going to Die, Bets Bullishly on Silver

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Points of Focus

  • Terrence Howard declared Bitcoin is “going to die” on the PBD Podcast.
  • Howard’s silver thesis rests on a gold-to-silver ratio collapse.
  • Gold is above $5,000 while Bitcoin is down 44% from its peak.

 

Oscar-nominated actor Terrence Howard made his investment position clear on the PBD Podcast this week: Bitcoin is “going to die,” the dollar is “done,” and silver is heading to “thousands of dollars.” 

 

 

While the remarks are easy to dismiss as celebrity noise, the Bitcoin argument buried inside them deserves a direct response.

 

Howard’s fiat claim flaw

Howard’s core claim is that Bitcoin remains tethered to fiat. “Bitcoin is still based on fiat,” he said, arguing that dollar weakness exposes rather than rescues crypto. It is a position that sounds intuitive and gets the market structure fundamentally wrong.

Bitcoin isn’t denominated in dollars the way a stock or bond is. It’s priced in dollars, a distinction that matters. The dollar is a unit of measurement for Bitcoin’s market value, not the source of it. Gold is also priced in dollars, yet nobody argues gold is “based on fiat.”

 

 

Bitcoin’s value derives from its protocol properties. A fixed supply capped at 21 million coins, programmatic issuance no central authority can alter, and a decentralized consensus mechanism no single actor controls. None of those properties are dollar-dependent. If the dollar weakens, Bitcoin doesn’t weaken with it, it reprices upward in dollar terms, exactly as gold does.

This is exactly the thesis Michael Saylor has built Strategy’s entire balance sheet around. Saylor frames Bitcoin not as a speculative asset but as the only engineered store of value with a mathematically enforced supply ceiling, immune to the monetary debasement Howard fears in his argument. 

 

 

Similarly, Samson Mow, CEO of Jan 3, describes Bitcoin as “exponential gold.” He states that Bitcoin will eventually outperform Gold due to its programmed scarcity. Both men’s arguments are backed by action, not just words into a microphone.

 

Bitcoin remains standing

Howard’s second claim that Bitcoin can be wiped out with the push of a button seems to conflate exchange risk with protocol. While exchanges can indeed fail, Bitcoin has survived through exchange collapses, regulatory crackdowns and drawdowns. Yet, it remains standing.

The actor also cited JPMorgan’s $920 million fine for silver market manipulation as evidence that artificial suppression is ending. That fine, paid in 2020, remains the largest precious metals manipulation settlement in history. Whether it marks a structural turning point or a one-time enforcement action is a question commodity desks haven’t fully resolved.

 

What the technicals are saying

Bitcoin is trading at $72,330 as of March 13, up 2.71% on the day, and the technical picture has shifted. The RSI sits at 67.15, firmly in buy territory without yet hitting overbought. MACD at 506.8 confirms the momentum, with all 12 moving averages on the daily timeframe signaling buy and zero signaling sell. The ADX at 32.5 indicates a strong trending move rather than a choppy consolidation.

 

Terrence Howard Says Bitcoin Is Going to Die, Bets Bullishly on Silver - Chart 1
Bitcoin Technicals

 

The short-term signals are even more aggressive. The 30-minute, hourly, and 5-hour timeframes all read Strong Buy. STOCH at 98.96 and Williams %R at -0.39 are both flashing overbought, meaning the rally is extended and a short-term pullback is possible before the next leg. The weekly timeframe, however, still reads Strong Sell, a reminder that the broader trend damage from the October 2025 peak hasn’t been fully repaired.

The irony is that Howard’s dollar-collapse thesis – if it plays out – is structurally bullish for Bitcoin, not bearish. He holds less than 1% of his portfolio in Bitcoin, which he frames as a ceiling. In contrast, Saylor holds over 720,000 BTC and is still buying. Both men agree the dollar is in trouble. Only one of them has read what Bitcoin was built to do about it.

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James Ademuyiwa

James Ademuyiwa is a DeFi strategist, educator, and PhD researcher specializing in decentralized finance. With hands-on experience leading blockchain initiatives at major firms and co-founding a successful startup, he brings sharp market insight to digital asset education. He currently lectures on blockchain, digital assets, and the future of finance for global executive education programs, bridging theory and practice in the Web3 landscape.

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