“But Bitcoin is doomed as a payments network — the very point at which it looks as though it is likely to be widely deployed is the point at which governments, like that of the United States, will crack down on it.”
Henry Farrell, Professor, Johns Hopkins · Bitcoin since: +23,714%
As published by The Washington Post
A little perspective.
Bitcoin on that day$326.08December 16, 2014
$100 at that price$23,814At our latest price check
Illustrative value using a Bitcoin price of $77,652, checked Oct 31, 2026, 5:32 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin’s Financial Network Is Doomed” — Henry Farrell, The Washington Post, December 16, 2014. Bitcoin: $326.08. https://bitcoindeaths.com/posts/2014-12-16-bitcoins-financial-network-is-doomed