# Wall Street Money Manager Predicts Bitcoin Vanishing in 10 Years

> A Wall Street money manager says Bitcoin could vanish in a decade, but a CNBC analyst calls it the most bullish moment for crypto in two years.
- Title: Wall Street Money Manager Predicts Bitcoin Vanishing in 10…
- Summary: A Wall Street money manager says Bitcoin could vanish in a decade, but a CNBC analyst calls it the most bullish moment for crypto in two years. Kevin Simpson…
- Keywords: bitcoin, kevin simpson, brian kelly, robinhood, stablecoins, cryptocurrency, fast money, capital wealth planning, ai payments, blockchain, Wall, Street
- Source: 24/7 Wall St. — https://247wallst.com/investing/cryptocurrency/2026/10/09/a-wall-street-money-manager-speculates-will-bitcoin-exist-in-10-years
- Author: Sam Daodu
- Published: 2026-10-09T23:00:51+00:00
- Read time: 1 min
- Topics: bitcoin, kevin simpson, brian kelly, robinhood, stablecoins, cryptocurrency, fast money, capital wealth planning, ai payments, blockchain
## Wall Street Money Manager Predicts Bitcoin Vanishing
Kevin Simpson of Capital Wealth Planning says Bitcoin might not exist in 10 years while Robinhood will still operate.

> We could be 10 years into the future where Bitcoin doesn’t exist. Robinhood will.
## CNBC Analyst Calls Bitcoin Bullish Moment
Brian Kelly on CNBC’s Fast Money says he’s more bullish on Bitcoin than in the last two years.

> I’m more bullish on Bitcoin than I’ve been in two years.
## Bitcoin Price and Market Value
As of October 9, 2026, Bitcoin trades at $83,247, down 3.6% weekly and 34% from its record high of $126,080 with a $1.67 trillion market value.
## Two Wall Street Veterans Split on Bitcoin’s Future
Simpson manages portfolios including Robinhood shares, while Kelly oversees a fund focused on AI developments.
## Cryptographic Vulnerabilities Threat
A potential breakthrough in Bitcoin’s cryptography could allow someone to deduce private keys from public data, leading to widespread theft.
## Government Bans Threat
China banned Bitcoin mining in 2021, but the network kept operating as miners relocated to the U.S. and other countries.
## Shift Toward Custodianship Challenge
If most Bitcoin ends up on exchanges or in Bitcoin ETFs, the network could keep functioning but would stray from its purpose as a decentralized cash system.
## Stablecoins Pose Biggest Threat
Dollar-backed stablecoins have a market cap of roughly $300 billion and enable fast, stable transfers essential for AI payment systems.
## Why Stablecoins May Not Threaten Bitcoin
Bitcoin has a capped supply of 21 million coins, making it unique compared to stablecoins whose supply grows when issuers mint more tokens.
## Will Bitcoin Still Exist in 10 Years?
If Bitcoin’s price remains below its $126,080 peak while dollar-backed stablecoins flourish well past $300 billion, stablecoins may gain momentum.
## Key takeaway

Kevin Simpson warns Bitcoin might not exist in 10 years, while Brian Kelly says it's more bullish than in two years.