“The reasons for Bitcoin’s failure are many, including poor governance, a lack of technological infrastructure and infighting within its community. Besides, as I noted in my previous article, the fact that sovereign governments have the power to tax in their own currencies always made a Bitcoin takeover unlikely.”
Greg Satell, Entrepreneur · Bitcoin since: +17,398%
As published by Forbes
Bitcoin May Be Failing, But The Technology Behind It Will Live On ↗
A little perspective.
Bitcoin on that day$443.14May 21, 2016
$100 at that price$17,498At our latest price check
Illustrative value using a Bitcoin price of $77,542, checked Nov 1, 2026, 3:34 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin May Be Failing, But The Technology Behind It Will Live On” — Greg Satell, Forbes, May 21, 2016. Bitcoin: $443.14. https://bitcoindeaths.com/posts/2016-05-21-bitcoin-may-be-failing-but-the-technology-behind-it-will-live-on