“UBS and other banks, even some central banks, have adopted blockchain technology that speeds up transactions between the major banks of the world. But you need to separate the underlying technology, which is rather dull, from bitcoin itself, which might be exciting, but it’s not an actual currency.”
Paul Donovan, Economist · Bitcoin since: +1,818%
A little perspective.
Bitcoin on that day$4,189September 11, 2017
$100 at that price$1,918At 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.
Paul Donovan appears in 2 recorded obituaries. 93 declarations were recorded in 2017.
Keep the receipt.
Bitcoin Is Dead. “What Bitcoin Isn’t” — Paul Donovan, Moneyweb, September 11, 2017. Bitcoin: $4,188.85. https://bitcoindeaths.com/posts/2017-09-11-what-bitcoin-isnt