Wikipedia’s Jimmy Wales: Bitcoin’s Future? A $10K Hobby, Not a Get-Rich Scheme

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Jimmy Wales, co-founder of Wikipedia (yes, that encyclopedia you use when you’re too lazy to Google), has delivered a verdict on Bitcoin that’s as surprising as finding out your mom’s a secret TikTok dancer. Spoiler: It’s not going to zero, but it’s also not exactly a financial superhero.

“Bitcoin’s got staying power, sure,” Wales said, “but let’s be real-it’s the digital version of a Beanie Baby. Useful? Hardly. But if you’ve got a soft spot for things that make you feel nostalgic while slowly losing value, congrats, you’ve found your new BFF.”

And for those clinging to the “Bitcoin as escape hatch” fantasy? Wales has a one-liner ready: “Good luck buying bread in a dystopian future with a digital wallet. Meanwhile, gold’s just sitting there, glittering and judgmental.”

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Wales also took a dig at the idea that ETFs and futures will save Bitcoin from irrelevance. “Institutional investors? They’re not in the business of saving dreams,” he said. “They’re in the business of ruthlessly trading spreadsheets. If Bitcoin starts acting like a vaporware startup, they’ll move on faster than you can say ‘shill.’”

And his 2050 price prediction? “Under $10,000. Because nothing says ‘legacy’ like being worth less than a decent dinner for two.”

No escape hatch

When asked if Bitcoin could be a lifeline for people in oppressive regimes, Wales responded with the enthusiasm of someone hearing about a new tax: “It’s hard to use, harder to spend, and about as stable as a house of cards in a hurricane. Stick with art, real estate, or just… more gold. It’s not flashy, but it won’t ghost you.”

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2026-02-25 19:23