A Leading Economist Explains Why Bitcoin Isn't Money. Bitcoin Obituary #107

Obituary #107 · · Bitcoin at $1,181
“The problem with a finite asset is that the economy is not finite, and if you have a limited amount of money to match this almost unlimited capacity of people in the economy to do things, money doesn’t work.”
After the last word

A little perspective.

Bitcoin on that day$1,181February 24, 2017
$100 at that price$6,598At our latest price check

Illustrative value using a Bitcoin price of $77,912, checked Oct 30, 2026, 12:09 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.

93 declarations were recorded in 2017.

Keep the receipt.

Bitcoin Is Dead. “A Leading Economist Explains Why Bitcoin Isn't Money” — Ann Pettifor, Business Insider, February 24, 2017. Bitcoin: $1,180.92. https://bitcoindeaths.com/posts/2017-02-24-a-leading-economist-explains-why-bitcoin-isnt-money

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