“Perhaps contrary to the traditional view, therefore, it is unlikely that, as currently conceived, cryptocurrencies will attain the status that the hype would have you believe. They will certainly be revolutionary, but most likely in a manner that will trigger their own demise, or at least relegate their use to those who want to operate outside the legal financial system.”
Tom Keatinge, Financial Crime Researcher · Bitcoin since: +2,764%
As published by Rusi
Cryptocurrencies Will Be The Architects Of Their Own Demise ↗
A little perspective.
Bitcoin on that day$2,805July 28, 2017
$100 at that price$2,864At our latest price check
Illustrative value using a Bitcoin price of $80,335, checked Oct 29, 2026, 5:44 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Cryptocurrencies Will Be The Architects Of Their Own Demise” — Tom Keatinge, Rusi, July 28, 2017. Bitcoin: $2,805.18. https://bitcoindeaths.com/posts/2017-07-28-cryptocurrencies-will-be-the-architects-of-their-own-demise