“Bitcoin has failed because it doesn’t solve a problem that enough people have — except for criminals and country dictators who want an unregulated, anonymous currency with which to do business out of the public eye.”
Karen Webster, Emerging Payments Writer · Bitcoin since: +1,121%
As published by Medium
A little perspective.
Bitcoin on that day$6,579October 1, 2018
$100 at that price$1,221At 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: 10 Years Of Smoke And Mirrors” — Karen Webster, Medium, October 1, 2018. Bitcoin: $6,578.79. https://bitcoindeaths.com/posts/2018-10-01-bitcoin-10-years-of-smoke-and-mirrors