“There was a time when believers in bitcoin, the virtual currency backed by math instead of any government, thought that it might one day replace cash as a relatively anonymous way to pay for everything from groceries to your morning coffee. Now, that dream might be smack dab in the midst of crashing down, a function of the currency’s code playing out. At stake is nothing less than two competing visions for the future of bitcoin itself.”
Peter Todd, Bitcoin Developer · Bitcoin since: +17,771%
As published by Vice
The Dream Of Buying A Coffee With Bitcoin Is Dying, If It’s Not Already Dead ↗
A little perspective.
Bitcoin on that day$421.60March 2, 2016
$100 at that price$17,871At our latest price check
Illustrative value using a Bitcoin price of $75,345, checked Nov 6, 2026, 3:43 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “The Dream Of Buying A Coffee With Bitcoin Is Dying, If It’s Not Already Dead” — Peter Todd, Vice, March 2, 2016. Bitcoin: $421.6. https://bitcoindeaths.com/posts/2016-03-02-the-dream-of-buying-a-coffee-with-bitcoin-is-dying-if-its-not-already-dead