Bitwise Consultant: Traditional value investing has failed, Bitcoin is the deep value of "ideological investment"

In an article, Jeff Park, an advisor at BitwiseInvest, argues that Benjamin Graham's "The Intelligent Investor" is no longer relevant in today's market, and that the traditional "Newtonian investor," relying on returns and discount models, is gradually losing its effectiveness. He believes that global investment is entering the era of "ideological investors," where capital allocation is driven more by geopolitical, artificial intelligence, and cultural factors than by simple rate-of-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 computing power, independent of AI paradigms; and its community culture is globally unified and decentralized. He argues that Bitcoin, with its combination of safe-haven and convictional attributes, can remain resilient amidst institutional change and ideological conflict, making it a core asset for ideological investors.