“To the extent using Bitcoin has any benefits now — convenience, cost-efficiency, putative anonymity — it’s because authorities haven’t been taking it very seriously. As officialdom becomes more assertive, Bitcoin will become more difficult and expensive to use, and less anonymous.”
Timothy Lavin, Economics Writer, Bloomberg · Bitcoin since: +13,193%
As published by Bloomberg
A little perspective.
Bitcoin on that day$572.67November 20, 2013
$100 at that price$13,293At our latest price check
Illustrative value using a Bitcoin price of $76,128, checked Nov 6, 2026, 12:03 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Timothy Lavin appears in 2 recorded obituaries. 20 declarations were recorded in 2013.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Is Still Doomed” — Timothy Lavin, Bloomberg, November 20, 2013. Bitcoin: $572.67. https://bitcoindeaths.com/posts/2013-11-20-bitcoin-is-still-doomed