“Our view is that we’re still in the really early stages of the technology and its development. It’s highly unlikely that any of us will be using Bitcoin in five or ten years. In the same way that – how many of us use NCSA Mosaic or Netscape Navigator?”
Jeremy Allaire, CEO, Circle · Bitcoin since: +10,178%
As published by Coin Journal
A little perspective.
Bitcoin on that day$735.41November 17, 2016
$100 at that price$10,278At our latest price check
Illustrative value using a Bitcoin price of $75,585, checked Nov 6, 2026, 8:41 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Circle CEO: Nobody Will Be Using Bitcoin In 5 To 10 Years” — Jeremy Allaire, Coin Journal, November 17, 2016. Bitcoin: $735.41. https://bitcoindeaths.com/posts/2016-11-17-circle-ceo-nobody-will-be-using-bitcoin-in-5-to-10-years