Eric Larchevêque sees Bitcoin as a way out of the trust crisis of traditional currencies

The French entrepreneur and Ledger co-founder Eric Larchevêque recently discussed a long-term thesis on Bitcoin during an Ecorama program: the cryptocurrency could evolve into the central store of value of the future. His reasoning is based on a fundamental premise—that sovereign currencies are in an ongoing credibility crisis that affects both individuals and investors alike.

Loss of Purchasing Power as the Core Issue: Why Eric Larchevêque Sees Bitcoin as a Necessary Alternative

Eric Larchevêque’s argument starts with a concrete question: what real purchasing power will one million euros have in five years? This question points to a key issue—the gradual devaluation of money that private households have been under pressure from for years. Larchevêque emphasizes that this real loss of wealth influences people’s perception of monetary value more strongly than the nominal performance of individual assets.

According to his analysis, this connection explains the growing interest in technology-based stores of value like Bitcoin. The continuous devaluation of money and the waning trust in state monetary policy lead investors to increasingly seek independent solutions not controlled by institutions. For Eric Larchevêque, this dynamic underpins the increasing significance that Bitcoin will have in the future.

Technical Robustness vs. Market Volatility: A Nuanced Analysis

Eric Larchevêque does not hide the risks associated with this digital asset. The often extreme price fluctuations remain a genuine danger for investors. Furthermore, he admits that ultimately, Bitcoin’s value is only maintained by people’s willingness to recognize it—a kind of collective agreement that, at first glance, seems fragile.

But this is precisely where Larchevêque’s differentiation comes into play: this apparent weakness actually rests on solid foundations. The technology is robust, the decentralized infrastructure is highly resilient, and monetary policy follows mathematical rules that cannot be altered by human arbitrariness. Trust, therefore, is not based on institutional promises but on mathematics, physical laws, and thermodynamic principles.

Long-Term Perspective: Larchevêque’s Forecast for Bitcoin

Eric Larchevêque expects that Bitcoin will not only endure in the long run but will continue to increase in importance—regardless of whether one considers a horizon of ten, fifty, or one hundred years. According to him, there is no natural upper limit to its price.

From this long-term perspective, he offers a concrete investment recommendation: Larchevêque advises investors to allocate at least five to ten percent of their portfolio to Bitcoin. This quota is intended to serve as a hedge against the uncertainties and instability of the global economic order—a protection through technological independence.