“Morgan Stanley analyst James Faucette and his team sent a research note to clients a few days ago suggesting that the real value of bitcoin might be … $0.”
James Faucette, Analyst, Morgan Stanley · Bitcoin since: +477%
As published by Business Insider
Morgan Stanley Says The True Price Of Bitcoin Might Be Zero ↗
A little perspective.
Bitcoin on that day$13,917December 25, 2017
$100 at that price$577.25At 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.
James Faucette appears in 2 recorded obituaries. 93 declarations were recorded in 2017.
Keep the receipt.
Bitcoin Is Dead. “Morgan Stanley Says The True Price Of Bitcoin Might Be Zero” — James Faucette, Business Insider, December 25, 2017. Bitcoin: $13,917.03. https://bitcoindeaths.com/posts/2017-12-25-morgan-stanley-says-the-true-price-of-bitcoin-might-be-zero