“Nick walks Ben through what exactly Bitcoin is, answering whether the platform is really a financial opportunity of historic proportions, the massive criminal problem law enforcement officials have suggested, or something else entirely: a waste of everyone’s time and money. He also outlines some of the design flaws he sees in Bitcoin and why those flaws, which many in the Bitcoin community view as important features, will actually lead to the platform’s eventual downfall.”
Nicholas Weaver, Professor, UC Berkeley · Bitcoin since: +20,671%
As published by The Lawfare Podcast
A little perspective.
Bitcoin on that day$373.32February 9, 2016
$100 at that price$20,771At 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.
Nicholas Weaver appears in 6 recorded obituaries. 23 declarations were recorded in 2016.
Keep the receipt.
Bitcoin Is Dead. “Nick Weaver On Why You Should Sell Your Bitcoin” — Nicholas Weaver, The Lawfare Podcast, February 9, 2016. Bitcoin: $373.32. https://bitcoindeaths.com/posts/2016-02-09-nick-weaver-on-why-you-should-sell-your-bitcoin