Toly, co-founder of Solana, said in response to community members, "Bitcoin has no value. To put it nicely, it's insurance. Based on my lifetime experience, there is a 1% chance that a superpower collapses every year. For me, it's worth spending 1% of my wealth to buy some assets that may not go to zero in that environment. This is not an investment, but a cost, and there is no guarantee that it will work. Bitcoin can do this at $100,000 and $10,000. If it is effective, apart from the innovation 15 years ago, it has almost no relation to technology."