“Over the past few months, I’ve gotten this question more than any other,” wrote Davis. “As for bitcoin the currency? I see a decent probability that its price goes to zero.”
Joe Davis, Economist · Bitcoin since: +745%
As published by MarketWatch
There’s A ‘Decent Probability’ Bitcoin Goes To Zero, Says Vanguard Economist ↗
A little perspective.
Bitcoin on that day$7,984May 22, 2018
$100 at that price$844.50At our latest price check
Illustrative value using a Bitcoin price of $67,421, checked Nov 14, 2026, 3:26 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “There’s A ‘Decent Probability’ Bitcoin Goes To Zero, Says Vanguard Economist” — Joe Davis, MarketWatch, May 22, 2018. Bitcoin: $7,983.52. https://bitcoindeaths.com/posts/2018-05-22-theres-a-decent-probability-bitcoin-goes-to-zero-says-vanguard-economist