“Bitcoin is the wrong answer to a good question: what can be done to make the monetary system less crazy? . . . Bitcoin is not over yet. But the pseudo-currency is close enough to collapse to merit an early retrospective. . . . Bitcoin is neither a relatable store of value nor a helpful unit of account.”
Edward Hadas, Economics Editor, Thomson Reuters · Bitcoin since: +8,704%
As published by Reuters
A little perspective.
Bitcoin on that day$859.95January 8, 2014
$100 at that price$8,804At our latest price check
Illustrative value using a Bitcoin price of $75,708, checked Nov 6, 2026, 8:52 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Edward Hadas appears in 2 recorded obituaries. 24 declarations were recorded in 2014.
Keep the receipt.
Bitcoin Is Dead. “An Early Obituary For Bitcoin” — Edward Hadas, Reuters, January 8, 2014. Bitcoin: $859.95. https://bitcoindeaths.com/posts/2014-01-08-an-early-obituary-for-bitcoin