“However, if it can’t be taxed, it can’t buy you a Mars Bar, and it isn’t backed by anything at all – and in fact is poorly viewed by certain authorities. It’s insulting to economists to call it an asset, an investment, or a currency.”
David Taylor, Developer · Bitcoin since: +620%
As published by Yahoo Finance
A little perspective.
Bitcoin on that day$11,158January 29, 2018
$100 at that price$719.96At 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.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin’s A Joke, But There Is Serious Money To Be Made” — David Taylor, Yahoo Finance, January 29, 2018. Bitcoin: $11,158.39. https://bitcoindeaths.com/posts/2018-01-29-bitcoins-a-joke-but-there-is-serious-money-to-be-made