“Bitcoin is literally worth nothing. Bitcoin has no chance of success because it’s worthless. It has nothing backing it but an illusion; no gold or silver or even a decree that it’s legal tender. It has no intrinsic value and no one needs it. Bitcoin doesn’t actually have any intrinsic value of any sort backing it – only vague assertions of its potential usefulness in the future. Your currency is only worth what other people believe it’s worth and I’ll present a few reasons why Bitcoin will never be generally agreed upon as something of worth.”
Anthony Garcia, Financial Advisor · Bitcoin since: +1,708%
As published by Seeking Alpha
The Decline Is Fundamental, Unsolvable, And The End Of BTC ↗
A little perspective.
Bitcoin on that day$3,704December 18, 2018
$100 at that price$1,808At our latest price check
Illustrative value using a Bitcoin price of $66,980, checked Nov 14, 2026, 5:59 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “The Decline Is Fundamental, Unsolvable, And The End Of BTC” — Anthony Garcia, Seeking Alpha, December 18, 2018. Bitcoin: $3,703.81. https://bitcoindeaths.com/posts/2018-12-18-the-decline-is-fundamental-unsolvable-and-the-end-of-btc