“It’s a black box and I’m not a believer in black boxes. I’m just very suspicious of things that are not transparent. If I can’t understand it, I don’t want to invest in it.”
Gary Shilling, Financial Analyst · Bitcoin since: +1,338%
As published by Business Insider
Gary Shilling Calls Bitcoin A Black Box And Says He Doesn't Invest In Things He Doesn't Understand ↗
A little perspective.
Bitcoin on that day$4,755October 10, 2017
$100 at that price$1,438At our latest price check
Illustrative value using a Bitcoin price of $68,366, checked Nov 14, 2026, 1:53 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Gary Shilling Calls Bitcoin A Black Box And Says He Doesn't Invest In Things He Doesn't Understand” — Gary Shilling, Business Insider, October 10, 2017. Bitcoin: $4,754.7. https://bitcoindeaths.com/posts/2017-10-10-gary-shilling-calls-bitcoin-a-black-box-and-says-he-doesnt-invest-in-things-he-doesnt-understand