Bitcoin Critic David Stockman Gets Reality Check After Popular Analyst Likens BTC Slump To Drawdowns In ‘Trillion Dollar Stocks’ Like Nvidia, Amazon
Posted On February 25, 2026
Cryptocurrency analyst Willy Woo countered former White House official David Stockman‘s critique of Bitcoin’s (CRYPTO: BTC) “store of value” narrative on Tuesday, noting that top Wall Street stocks endured similar volatility in the past.
Stockman Mocks Bitcoiners
In an X post, Stockman questioned Bitcoin’s recent performance, highlighting its 48% drop from record highs to $65,000 in just four months.
Stockman, a fierce critic of all things cryptocurrency, jabbed at Bitcoiners, saying that they might be loving this “store of value” performance.
“Then again, a speculative asset is one thing; real money is a wholly different kettle of fish,” the former Reagan budget director said.
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