“Since bitcoins are not useful as a medium of exchange, or desirable in themselves, their true value is zero.”
John Quiggin, Professor, University of Queensland · Bitcoin since: +605%
As published by Inside Story
A little perspective.
Bitcoin on that day$11,400January 24, 2018
$100 at that price$704.73At 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.
John Quiggin appears in 3 recorded obituaries. 74 declarations were recorded in 2018.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin’s Zero-Sum Game” — John Quiggin, Inside Story, January 24, 2018. Bitcoin: $11,399.52. https://bitcoindeaths.com/posts/2018-01-24-bitcoins-zero-sum-game