“But Bitcoin is doomed as a payments network. . . . But if I had to put money on it? I’d say Bitcoin is doomed in the medium-term future.”
Kevin Drum, Political Blogger, Mother Jones · Bitcoin since: +21,865%
As published by Mother Jones
“The Great Paradox Of Bitcoin: If It Ever Succeeds, It’s Doomed” ↗
A little perspective.
Bitcoin on that day$310.75December 18, 2014
$100 at that price$21,965At our latest price check
Illustrative value using a Bitcoin price of $68,257, checked Nov 13, 2026, 11:06 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Kevin Drum appears in 2 recorded obituaries. 24 declarations were recorded in 2014.
Keep the receipt.
Bitcoin Is Dead. ““The Great Paradox Of Bitcoin: If It Ever Succeeds, It’s Doomed”” — Kevin Drum, Mother Jones, December 18, 2014. Bitcoin: $310.75. https://bitcoindeaths.com/posts/2014-12-18-the-great-paradox-of-bitcoin-if-it-ever-succeeds-its-doomed