Bitcoin Deaths 2023
202314 obituaries
Jamie Dimon Lashes Out Against Crypto: ‘If I Was The Government, I’d Close It Down’
“I’ve always been deeply opposed to crypto, bitcoin, etc. The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance... If I was the government, I’d close it down.”
Jamie Dimon, CEO, JP Morgan Chase · CNBC
Nov 29, 2023 · $37,828Every Bitcoin Payment 'Uses A Swimming Pool Of Water'
“With the network handling 113 million transactions in 2020 and 96.7 million in 2021, the water footprint per transaction processed on the Bitcoin blockchain for those years amounted to 5,231 and 16,279 L, respectively.”
Alex de Vries, Data Scientist - Financial Economic Crime, De Nederlandsche Bank · BBC
Oct 26, 2023 · $34,155Every Single Bitcoin Transaction—Even Buying A Latte—Consumes Over $100 In Electricity, Says A New Report
“The report states that each Bitcoin transaction consumes 1,173 kilowatt hours of electricity. That’s the volume of energy that could “power the typical American home for six weeks,” the authors add.”
MoneySuperMarket · Fortune
Oct 18, 2023 · $28,327Warren, Marshall, Casten, 100+ Lawmakers Ask Biden Administration to Address Crypto-Financed Terrorism After Reports of Hamas Raising Millions in Crypto to Fund Operations
“That the deadly attack by Hamas on Israeli civilians comes as the group has become ‘one of the most sophisticated crypto users in the terror-finance domain’ clarifies the national security threat crypto poses to the U.S., and our allies. Congress and this Administration must take strong action to thoroughly address crypto illicit finance risks before it can be used to finance another tragedy.”
Elizabeth Warren, United States Senator · Elizabeth Warren
Aug 29, 2023 · $27,721Black Swan" Author Slams Bitcoin as a Fad
“My experience is that, after a fad withers away, those who were blindly promoting it will claim that they knew it all along; it was clearly predictable.”
Nassim Nicholas Taleb, Essayist, Scholar, Former Trader · U.Today
Aug 28, 2023 · $26,113“So Long For Crypto” - Bitcoin And Digital Assets Might End As A Fad If Institutions Allow
“Institutions could bring down Bitcoin and crypto.”
Aaryamann Shrivastava, Financial Journalist · FXStreet
Aug 7, 2023 · $29,181The Bitcoin Skeptic: Why Bitcoin Will Never Replace Fiat Currency
“Bitcoin is, frankly, for suckers in the long term.”
Lawrence Meyers, Journalist · CCN
Jun 27, 2023 · $30,688One Of The World’s Top Stock-Market Investors Favors These ‘Hunting Grounds’
“I’ve tried hard to understand the arguments for crypto and figure out why people are so excited. I can’t find value there.”
Seth Klarman, Co-founder, Baupost Group · MSN
May 17, 2023 · $27,399Crypto Has ‘No Intrinsic Value’ And ‘No Useful Social Purpose,’ Say Lawmakers
“However, with no intrinsic value, huge price volatility and no discernible social good, consumer trading of cryptocurrencies like Bitcoin more closely resembles gambling than a financial service, and should be regulated as such. By betting on these unbacked ‘tokens’, consumers should be aware that all their money could be lost.”
Harriett Baldwin, Member of Parliament, West Worcestershire · TNW
May 5, 2023 · $29,534Crypto And How We Can Protect The Consumer
“And describing it as “investment” is, needless to say, an abuse of the word; “Ponzi schemes” might be more accurate.”
Gabriel Makhlouf, Governor of the Central Bank of Ireland · Central Bank of Ireland
Apr 12, 2023 · $30,139Warren Buffett Criticizes Bitcoin, Says It 'Doesn't Have Any Intrinsic Value'
“Bitcoin is a gambling token, and it doesn’t have any intrinsic value.”
Warren Buffett, CEO, Berkshire Hathaway · Fox Business
Mar 14, 2023 · $24,198Sayonara Bitcoin
“So it turns out that Bitcoin is just another bubble asset that blows up when the Fed gets serious about hiking interest rates. Zero store of value function. Zero diversification benefit. Zero yield. Sayonara Bitcoin...”
Robin Brooks, Chief Economist, Institute of International Finance · Twitter
Feb 21, 2023 · $24,829Bitcoin Is Back': Volatile Crypto Soars 50% To $25K And 'This Is Only The Start'
“Bitcoin and all the pathetic fake currencies that popped up in its wake are the worst thing to happen to the investment world in my lifetime. They are a joke wrapped in a fraud, wrapped in a Ponzi scheme and sold as a get-rich-quick investment opportunity.”
Harvey Jones, Personal Finance Editor, Daily Express · Express
Jan 7, 2023 · $16,952Bitcoin Will Go Negative
“Crypto is now in the process of going to zero except for bitcoin which will probably go negative because if we’re moving into a world with carbon taxes you have to take into account the energy to produce it in the first place.”
Peter Zeihan, Geopolitical Analyst · The Joe Rogan Podcast