
星球日报|Sep 03, 2025 00:56
**[Bitwise Advisor: Traditional Value Investing Has Failed, Bitcoin Represents "Ideological Investment" with Deep Value]**
Odaily Planet Daily reports that BitwiseInvest advisor Jeff Park stated in an article that Benjamin Graham's *The Intelligent Investor* is no longer applicable to today's market. Traditional "Newtonian investors," who rely on earnings and discount models, are gradually becoming obsolete. He believes that global investing is entering an era of "ideological investors," where capital allocation is increasingly driven by geopolitical, artificial intelligence, and cultural factors, rather than purely by return models.
Within this framework, Park views Bitcoin as a deep-value asset: its code operates beyond geopolitical interference; its consensus mechanism reflects the value of computational power and is unrelated to the AI paradigm; its community culture is globally unified and decentralized. He noted that Bitcoin possesses both hedging and conviction attributes, enabling it to maintain resilience amid institutional changes and ideological conflicts, and thus it will become a core asset for ideological investors.
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