Wikipedia Co‑Founder Jimmy Wales Says Bitcoin Isn’t Being Used as Money
Jimmy Wales once again criticized Bitcoin on Feb. 27, 2026, saying it "isn’t being used as money." The Wikipedia co‑founder’s comments echo a familiar critique that, despite price gains and growing institutional interest, Bitcoin has struggled to function broadly as a medium of exchange rather than a speculative store of value.
The statement matters because voices like Wales’s shape public and policy conversations around crypto. His remarks are likely to reopen debates over payments adoption, regulatory scrutiny, and where investors see Bitcoin’s long‑term role. While supporters point to infrastructure improvements and layer‑2 solutions, critics use observations about real‑world spending to argue for clearer use‑case expectations for BTC and other digital assets.