“…the Bitcoin failure does illustrate that human institutions must have politics in addition to technical expertise. Try to engineer around politics, and it will flood back in the most atavistic and unscrupulous forms.”
Ryan Cooper, National Correspondent, The Week · Bitcoin since: +15,469%
As published by The Week
The Decline Of Bitcoin Shows You Can't Engineer Past Government ↗
A little perspective.
Bitcoin on that day$436.52February 20, 2016
$100 at that price$15,569At our latest price check
Illustrative value using a Bitcoin price of $67,962, checked Nov 13, 2026, 11:24 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “The Decline Of Bitcoin Shows You Can't Engineer Past Government” — Ryan Cooper, The Week, February 20, 2016. Bitcoin: $436.52. https://bitcoindeaths.com/posts/2016-02-20-the-decline-of-bitcoin-shows-you-cant-engineer-past-government