Alex Gladstein highlights Bitcoin as inflation-resistant digital cash
Bitcoin (BTC)
Editor:
Eugene Serbin
tradersunion.com reports that Alex Gladstein, chief strategy officer at the Human Rights Foundation, argues Bitcoin’s price predictions are less meaningful than its core utility as digital cash that governments cannot arbitrarily inflate. He identifies the primary reason for Bitcoin’s existence as its inability to be printed at will by authorities. Gladstein has previously noted Bitcoin’s 13,200 percent rise over the past decade as a borderless and neutral currency. He has also raised concerns regarding trust and transparency in Coldcard’s bitcoin-only approach within the industry.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 27 August 2026. Not the outlet's figures.
BTC is trading at $79,023.75 with a 1-hour buy ratio of 46.2% and a 4-hour buy ratio of 43.7%, both falling below the 24-hour average of 49.9%. This indicates that buying pressure is currently fading compared to the broader daily trend. The 1-hour volume delta is -$3,148,228 and the 4-hour delta is -$31,690,156, showing that sellers are actively outweighing buyers in the short term. The 24-hour volume delta sits at -$903,088, while the cumulative CVD for the day closed at -$115,063,245. Net buying occurred in only 5 of the last 24 hours, highlighting a dominant selling presence despite a 24-hour spot volume of $1,148,236,056 across 4,284,527 trades.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Twenty-four hours later
What BTC did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 51.6%, meaning today’s 24-hour ratio of 49.9% is 1.7 percentage points lower than the recent norm. Volume is currently at 0.54x the weekly average, indicating significantly reduced trading activity compared to the previous six days. While the coin saw a 14.0% price increase over eight days with a total volume delta of +$445,688,281, today’s negative delta marks a shift from the week’s net buying trend. Net buying occurred on 6 of the past 7 days, making today’s lower volume and reduced buy ratio an unusual deviation from the recent pattern.