Early Bitcoin Core Developer: 99% of Digital Assets Going to Zero is Inevitable On July 28, 2026, early Bitcoin Core developer Jeff Garzik (@jgarzik) stated on the Bitcoin Treasuries podcast that it’s inevitable for 99% of digital assets to go to zero. He explained that permissionless innovation has made the cost of creating digital assets essentially zero, and networks like Solana are generating a massive number of new tokens every day. Under the law of supply and demand, an almost infinite supply will inevitably lead to the majority of tokens losing their value. Garzik noted that this zero-cost free competition is actually positive for the industry as a whole, as it provides the best testing ground for economic experiments. Ultimately, the high-quality projects that survive this brutal elimination process will benefit everyone. Source: Bitcoin Treasuries