“My best guess is that in the long run, the technology will thrive, but that the price of bitcoin will collapse….it is folly to think that bitcoin will ever be allowed to supplant central-bank-issued money.”
Kenneth Rogoff, Former Chief Economist of the IMF · Bitcoin since: +1,583%
As published by The Guardian
Bitcoin's Price Bubble Will Burst Under Government Pressure ↗
A little perspective.
Bitcoin on that day$4,773October 9, 2017
$100 at that price$1,683At 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.
Kenneth Rogoff appears in 3 recorded obituaries. 93 declarations were recorded in 2017.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin's Price Bubble Will Burst Under Government Pressure” — Kenneth Rogoff, The Guardian, October 9, 2017. Bitcoin: $4,772.98. https://bitcoindeaths.com/posts/2017-10-09-bitcoins-price-bubble-will-burst-under-government-pressure