{"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":"2020-10-23-cryptocurrencies-are-a-fad-best-avoided","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":"2020-10-23-cryptocurrencies-are-a-fad-best-avoided","title":"Cryptocurrencies Are A Fad Best Avoided","quote":"Cryptocurrencies don’t belong in your portfolio. The reason is you can’t value them. An asset that doesn’t pay even a notional stream of cashflows — like bonds, which pay interest, or shares, which pay dividends, or property, which provides rental income — is just a gamble. By all means engage in it, like punting on a roulette wheel, for recreation, but be prepared to lose your entire stake.","person":"Oliver Kamm","jobTitle":"Columnist, The Times","publication":"The Times","statementDate":"2020-10-23","bitcoinPriceUsd":12940.11,"addedOn":null,"updatedOn":null,"citationUrl":"https://bitcoindeaths.com/posts/2020-10-23-cryptocurrencies-are-a-fad-best-avoided","sourceUrl":"https://www.thetimes.co.uk/article/cryptocurrencies-are-a-fad-best-avoided-despite-paypal-accepting-bitcoin-fk8rdq0tx","archiveUrl":"https://web.archive.org/web/20201023194746/https://www.thetimes.co.uk/article/cryptocurrencies-are-a-fad-best-avoided-despite-paypal-accepting-bitcoin-fk8rdq0tx"}]}