“They have no real value. The truth is that cryptocurrency advocates are misleading when they call these digital items a currency. Yes, technically they are currencies in that they can be used to buy some goods and services. But cryptocurrencies are fundamentally a speculation — people are buying hoping to sell later at a much higher price.”
Steve Goldberg, Entrepreneur · Bitcoin since: +633%
As published by Kiplinger
A little perspective.
Bitcoin on that day$9,299March 8, 2018
$100 at that price$732.77At our latest price check
Illustrative value using a Bitcoin price of $68,142, checked Nov 13, 2026, 11:09 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “7 Reasons Bitcoin Is Doomed” — Steve Goldberg, Kiplinger, March 8, 2018. Bitcoin: $9,299.28. https://bitcoindeaths.com/posts/2018-03-08-7-reasons-bitcoin-is-doomed