“Bitcoins will go down in history as the most spectacular private Ponzi scheme in history. . . . The coins will never be the money of the future. . . . Bitcoins are too volatile in price ever to serve as a currency. . . . bitcoins are not money; dollars are money.”
??? · Bitcoin since: +28,932%
As published by The Kernel
A little perspective.
Bitcoin on that day$267.09January 12, 2015
$100 at that price$29,032At our latest price check
Illustrative value using a Bitcoin price of $77,542, checked Nov 1, 2026, 4:07 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
??? appears in 23 recorded obituaries. 29 declarations were recorded in 2015.
Keep the receipt.
Bitcoin Is Dead. “Why Bitcoin Is A Ponzi Scheme” — ???, The Kernel, January 12, 2015. Bitcoin: $267.09. https://bitcoindeaths.com/posts/2015-01-12-why-bitcoin-is-a-ponzi-scheme