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Bitwise Consultant: Traditional value investing has failed, Bitcoin is the deep value of "ideological investment"
3days ago

According to Odaily Planet Daily, BitwiseInvest advisor Jeff Park wrote in an article that Benjamin Graham's "The Intelligent Investor" is no longer relevant in today's market, and that the traditional "Newtonian investor" model, which relies on returns and discount models, is gradually becoming ineffective. He believes that global investment is entering an era of "ideological investors," where capital allocation is driven more by geopolitical, artificial intelligence, and cultural factors than by simple rate-of-return models.

Within this framework, Park sees Bitcoin as a deep-value asset: its code operates beyond geopolitical interference; its consensus mechanism reflects the value of computing power, independent of AI paradigms; and its community culture is globally unified and decentralized. He argues that Bitcoin, with its combination of safe-haven and conviction attributes, can remain resilient amidst institutional change and ideological conflict, making it a core asset for ideological investors.