“Bitcoin will soon be dead, claims David Yermack, chairman of the Finance Department at NYU’s Stern School of Business. He blames the democratic process of decision-making in the Bitcoin community for the cryptocurrency’s problems.”
David Yermack, Chairman of Finance department, NYU Stern · Bitcoin since: +18,143%
As published by Cointelegraph
Death Sentence For The World’s Most Popular Cryptocurrency ↗
A little perspective.
Bitcoin on that day$412.98March 7, 2016
$100 at that price$18,243At 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. “Death Sentence For The World’s Most Popular Cryptocurrency” — David Yermack, Cointelegraph, March 7, 2016. Bitcoin: $412.98. https://bitcoindeaths.com/posts/2016-03-07-death-sentence-for-the-worlds-most-popular-cryptocurrency