“Cryptocurrencies are inherently a dumb idea. But aside from being a con, they also waste enormous amounts of energy in service of a pointless goal. The sooner Bitcoin crashes the better off the entire world will be.”
Kevin Drum, Political Blogger, Mother Jones · Bitcoin since: +2,152%
As published by Mother Jones
A little perspective.
Bitcoin on that day$3,566December 9, 2018
$100 at that price$2,252At our latest price check
Illustrative value using a Bitcoin price of $80,328, checked Oct 29, 2026, 5:55 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Kevin Drum appears in 2 recorded obituaries. 74 declarations were recorded in 2018.
Keep the receipt.
Bitcoin Is Dead. “The Bitcoin Con May Soon Be Over” — Kevin Drum, Mother Jones, December 9, 2018. Bitcoin: $3,566.34. https://bitcoindeaths.com/posts/2018-12-09-the-bitcoin-con-may-soon-be-over