{"name":"Bitcoin Is Dead","attribution":"Source: Bitcoin Is Dead (https://bitcoindeaths.com)","totalObituaries":482,"matched":1,"returned":1,"query":{"search":"","year":"","person":"","publication":"","sort":"newest","slug":"2018-01-30-bitcoin-is-basically-a-ponzi-scheme","limit":5},"notes":"statementDate is the original publication date; addedOn is when the record entered this archive. Historical prices are USD snapshots, not investment returns. Inclusion records criticism, not a verdict that every claim is false.","terms":"https://bitcoindeaths.com/terms","documentation":"https://bitcoindeaths.com/data#lookup","records":[{"slug":"2018-01-30-bitcoin-is-basically-a-ponzi-scheme","title":"Bitcoin Is Basically A Ponzi Scheme","quote":"Bitcoin, by contrast, has no intrinsic value at all. Combine that lack of a tether to reality with the very limited extent to which bitcoin is used for anything, and you have an asset whose price is almost purely speculative, and hence incredibly volatile.","person":"Paul Krugman","jobTitle":"Economist","publication":"Seattle Times","statementDate":"2018-01-30","bitcoinPriceUsd":10035,"addedOn":null,"updatedOn":null,"citationUrl":"https://bitcoindeaths.com/posts/2018-01-30-bitcoin-is-basically-a-ponzi-scheme","sourceUrl":"https://www.seattletimes.com/opinion/bitcoin-is-basically-a-ponzi-scheme/","archiveUrl":"https://web.archive.org/web/20180131002633/https://www.seattletimes.com/opinion/bitcoin-is-basically-a-ponzi-scheme/"}]}