Mert Mumtaz: Bitcoin’s simplicity enhances its store of value, programmability doesn’t define money, and Solana’s engineering sets a new standard | Raoul Pal

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Crypto Briefing • February 17, 2026 at 13:01 • Analysis
Bitcoin's simplicity as a non-programmable asset strengthens its position as a store of value. The programmability of crypto does not equate to it being money; it represents value in diverse ways. Investors often misclassify crypto assets, failing to recognize their distinct nature compared to tr...
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