“I don’t think Bitcoin is the correct technology to build these sorts of ideas on. I understand and strongly sympathize with the desire to move to decentralized systems and plan on eventually working in that space myself, but between Bitcoin’s efficiency problems and poor tolerance of network partitions, I do not think it’s suitable as a general purpose global decentralized database in the way people want to use it.”
Tony Arcieri, Programmer · Bitcoin since: +32,063%
As published by Tony Arcieri
A little perspective.
Bitcoin on that day$234.25May 20, 2015
$100 at that price$32,163At our latest price check
Illustrative value using a Bitcoin price of $75,342, checked Nov 6, 2026, 3:17 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “The Death Of Bitcoin” — Tony Arcieri, Tony Arcieri, May 20, 2015. Bitcoin: $234.25. https://bitcoindeaths.com/posts/2015-05-20-the-death-of-bitcoin