The Hollywood film industry has often explored the limitless possibilities of new technological innovations, whether it's space travel and artificial intelligence (AI) in ' 2001: A Space Odyssey' (1968) or aliens in ' Arrival' (2016).
Bitcoin (BTC), the world's first decentralized cryptocurrency, is among the most revolutionary technological innovations of the 21st century. As reported earlier , Hollywood director Doug Liman has been signed in to make a thriller titled ' Killing Satoshi' on the life of Bitcoin's elusive founder, Satoshi Nakamoto.
But it seems not everyone in Hollywood is enamored of the leading cryptocurrency.
Related: Pete Davidson, Casey Affleck set to star in chilling thriller 'Killing Satoshi'
Terrence Howard says Bitcoin is going to die
Terrence Howard is a Hollywood actor who is best known for his roles in ' Iron Man' (2008) and ' Cut Throat City' (2020), among others. For ' Hustle & Flow' (2005), he earned a Best Actor nomination at the Oscars.
In a recent conversation with the businessman and podcaster Patrick Bet-David, Howard expressed his skepticism of Bitcoin.
He recalled a recent call with a friend who offered a chance to earn $75,000 on a $25 million investment in crypto. The actor said he told his friend that Bitcoin is still based on fiat currency, and the U.S. dollar is facing debasement due to the uncertainty of the war.
Besides, nobody would like to invest in something that "can be wiped out with the push of a button somewhere," the actor added and also drew attention to Bitcoin's price drop over the past few months.
Bet-David argued that even though he isn't pro-Bitcoin as less than 1% of his portfolio is dedicated to Bitcoin, one should observe the long-term price chart as BTC goes through cycles and the recent downtick is a part of the cyclical ebbs and flows.
But Howard said he stays away from Bitcoin. In fact, he announced its death in the podcast.
"Bitcoin is going to die, I don't mess with it."
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While it's true that Bitcoin is trading 45% lower than the all-time high (ATH) of $126,080 it hit on Oct. 6, 2025, Howard's characterization of Bitcoin being based on fiat currency needs scrutiny.
It was in the wake of the 2008 global financial crisis that Bitcoin was launched in 2009. The goal was to create a truly decentralized currency whose supply cannot be controlled like that of fiat currencies like the U.S. dollar by central banks.
While theoretically there is no limit to the supply of U.S. dollars that can be printed and circulated in the economy, Bitcoin has a limited supply of 21 million coins. Bitcoin maximalists argue its limited supply makes Bitcoin a better currency than the dollar because its value cannot be diluted by unlimited supply.
Howard isn't the only popular figure to denounce Bitcoin. Nobel Prize-winning economist Eugene Francis "Gene" Fama and billionaire Warren Buffett have also dismissed Bitcoin.
Bitcoin was trading at $68,786.25 at the time of writing.
Disclaimer:This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research before making any investment decisions.
This story was originally published by TheStreet on Mar 9, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
