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Journalist<\/p>\n<\/p><\/div>\n
Share this article<\/h4>\n<\/p><\/div>\n<\/p><\/div>\n\n\n- Jason Calacanis urged for a Bitcoin alternative, highlighting his concern about market centralization.<\/span><\/em><\/li>\n
- \u00a0Bitcoin underperformed gold, losing 32% of its value compared to the precious metal.<\/span><\/em><\/li>\n<\/ul>\n
The crypto market appears to be regaining strength, showing early signs of bullish momentum after a prolonged bearish phase.<\/span><\/p>\nBitcoin [BTC]<\/a> was trading at $82,972.15, at press time, reflecting a modest 0.11% gain in the past 24 hours, according to the latest CoinMarketCap data<\/a>.<\/span><\/p>\nBitcoins Jason Calacanis ignites Bitcoin controversy<\/strong><\/h2>\nAmid this recovery, angel investor Jason Calacanis has sparked<\/a> controversy within the Bitcoin community. <\/span><\/p>\nThe tech investor, known for backing Uber in its early days, recently claimed that BTC is destined to be replaced by a superior alternative\u2014an assertion that has drawn significant backlash from Bitcoin proponents.<\/span><\/p>\nCalacanis said,\u00a0<\/span><\/p>\n\n\u201cBitcoin has been a wonderful game, but with a couple giant players cornering the market, the timing is right to \u201cbuild a better bitcoin\u201d \u2014 restarting the game!\u201d\u00a0<\/span><\/p>\n<\/blockquote>\nHe added,\u00a0<\/span><\/p>\n\n\u201cfolks cornering the market will say this is foolish, while they donate to Trump to encourage more buying, but\u2026\u201d<\/span><\/p>\n<\/blockquote>\nBitcoins What is he trying to convey?<\/strong><\/h2>\nJason Calacanis appears to critique the current state of Bitcoin, emphasizing his concern about market centralization. His remarks suggest that a small group of dominant players has monopolized the Bitcoin ecosystem. <\/span><\/p>\nHe argues that this dynamic undermines its foundational principle of decentralization.\u00a0 <\/span>By advocating for a \u201cbetter Bitcoin,\u201d Calacanis envisions an alternative that could restart the ecosystem and foster fairer participation.<\/span><\/p>\nHis mention of \u201cdonations to Trump to encourage more buying\u201d hints at a belief that certain influential figures may manipulate narratives or market sentiment for their benefit. <\/span><\/p>\nThrough this, Calacanis challenges the status quo and invites others to consider innovative approaches to improve Bitcoin or explore alternatives altogether.<\/span><\/p>\nBitcoins Community reacts<\/strong><\/h2>\nCountering Calacanis\u2019 claims, an X (formerly Twitter) user \u2014 Christopher David noted,\u00a0<\/span><\/p>\n\n![\"bitcoins](\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/03\/Christopher-David-.webp\")
<\/a><\/p>\nSource: Christopher David\/X<\/p>\n<\/div>\n
Another X user\u2014Manny<\/a> added,<\/span><\/p>\n\n\u201cBrother you missed it just buy more.\u201d<\/span><\/p>\n<\/blockquote>\nBitcoins What\u2019s more?<\/strong><\/h2>\nBitcoin\u2019s performance against gold has sparked fresh debates. Long-time critic Peter Schiff claims<\/a> BTC is in a \u201cstealth bear market\u201d compared to gold.<\/span><\/p>\nHistorically, Bitcoin outperformed gold, surging over 12,000% in a decade and 200% in two years. However, this trend reversed in 2025.<\/span><\/p>\nBut, currently, BTC has lost 32% of its value against gold, falling from 41 to 28 on the BTC\/gold chart. This indicates gold\u2019s superior performance as a store of value in Q1.<\/span><\/p>\nBitcoin erased its \u2018Trump pump\u2019 gains, while gold surged to a new high of $3,000. This highlights gold\u2019s resilience during uncertain markets.<\/span><\/p>\n
- \n
- Jason Calacanis urged for a Bitcoin alternative, highlighting his concern about market centralization.<\/span><\/em><\/li>\n
- \u00a0Bitcoin underperformed gold, losing 32% of its value compared to the precious metal.<\/span><\/em><\/li>\n<\/ul>\n
The crypto market appears to be regaining strength, showing early signs of bullish momentum after a prolonged bearish phase.<\/span><\/p>\n
Bitcoin [BTC]<\/a> was trading at $82,972.15, at press time, reflecting a modest 0.11% gain in the past 24 hours, according to the latest CoinMarketCap data<\/a>.<\/span><\/p>\n
Bitcoins Jason Calacanis ignites Bitcoin controversy<\/strong><\/h2>\n
Amid this recovery, angel investor Jason Calacanis has sparked<\/a> controversy within the Bitcoin community. <\/span><\/p>\n
The tech investor, known for backing Uber in its early days, recently claimed that BTC is destined to be replaced by a superior alternative\u2014an assertion that has drawn significant backlash from Bitcoin proponents.<\/span><\/p>\n
Calacanis said,\u00a0<\/span><\/p>\n
\n
\u201cBitcoin has been a wonderful game, but with a couple giant players cornering the market, the timing is right to \u201cbuild a better bitcoin\u201d \u2014 restarting the game!\u201d\u00a0<\/span><\/p>\n<\/blockquote>\n
He added,\u00a0<\/span><\/p>\n
\n
\u201cfolks cornering the market will say this is foolish, while they donate to Trump to encourage more buying, but\u2026\u201d<\/span><\/p>\n<\/blockquote>\n
Bitcoins What is he trying to convey?<\/strong><\/h2>\n
Jason Calacanis appears to critique the current state of Bitcoin, emphasizing his concern about market centralization. His remarks suggest that a small group of dominant players has monopolized the Bitcoin ecosystem. <\/span><\/p>\n
He argues that this dynamic undermines its foundational principle of decentralization.\u00a0 <\/span>By advocating for a \u201cbetter Bitcoin,\u201d Calacanis envisions an alternative that could restart the ecosystem and foster fairer participation.<\/span><\/p>\n
His mention of \u201cdonations to Trump to encourage more buying\u201d hints at a belief that certain influential figures may manipulate narratives or market sentiment for their benefit. <\/span><\/p>\n
Through this, Calacanis challenges the status quo and invites others to consider innovative approaches to improve Bitcoin or explore alternatives altogether.<\/span><\/p>\n
Bitcoins Community reacts<\/strong><\/h2>\n
Countering Calacanis\u2019 claims, an X (formerly Twitter) user \u2014 Christopher David noted,\u00a0<\/span><\/p>\n
\n<\/a><\/p>\nSource: Christopher David\/X<\/p>\n<\/div>\n
Another X user\u2014Manny<\/a> added,<\/span><\/p>\n
\n
\u201cBrother you missed it just buy more.\u201d<\/span><\/p>\n<\/blockquote>\n
Bitcoins What\u2019s more?<\/strong><\/h2>\n
Bitcoin\u2019s performance against gold has sparked fresh debates. Long-time critic Peter Schiff claims<\/a> BTC is in a \u201cstealth bear market\u201d compared to gold.<\/span><\/p>\n
Historically, Bitcoin outperformed gold, surging over 12,000% in a decade and 200% in two years. However, this trend reversed in 2025.<\/span><\/p>\n
But, currently, BTC has lost 32% of its value against gold, falling from 41 to 28 on the BTC\/gold chart. This indicates gold\u2019s superior performance as a store of value in Q1.<\/span><\/p>\n
Bitcoin erased its \u2018Trump pump\u2019 gains, while gold surged to a new high of $3,000. This highlights gold\u2019s resilience during uncertain markets.<\/span><\/p>\n
- \u00a0Bitcoin underperformed gold, losing 32% of its value compared to the precious metal.<\/span><\/em><\/li>\n<\/ul>\n