“In reality, blockchain is one of the most overhyped technologies ever. For starters, blockchains are less efficient than existing databases. When someone says they are running something on a blockchain, what they usually mean is that they are running one instance of a software application that is replicated across many other devices.”
Nouriel Roubini, Economist and Professor, NYU · Bitcoin since: +603%
As published by The Guardian
A little perspective.
Bitcoin on that day$11,433March 5, 2018
$100 at that price$702.66At 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.
Nouriel Roubini appears in 8 recorded obituaries. 74 declarations were recorded in 2018.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Is Based On The Blockchain Pipe Dream” — Nouriel Roubini, The Guardian, March 5, 2018. Bitcoin: $11,432.98. https://bitcoindeaths.com/posts/2018-03-05-bitcoin-is-based-on-the-blockchain-pipe-dream