According to online reports, Solana co-founder Toly said in a reply to community people,"Bitcoin has no value. At best, it's insurance. Based on my lifetime experience, there is a 1% chance of a superpower collapsing every year. For me, it's worth spending 1% of my wealth on assets that might not return to zero in that environment. This is not an investment, it is a cost, and there is no guarantee that it will work. Bitcoin can do this at both $100,000 and $10,000. If it works, it has little to do with technology beyond the original innovation 15 years ago."