“Ardo Hansson, the governor of Bank of Estonia, has claimed that cryptocurrencies would die as a complete load of nonsense while speaking at “5 Years with the Euro” conference in Latvia. The policymaker assured that the bubble has already started to collapse and it should continue to do unless the market reaches “a new kind of equilibrium.” “I think we will come back a few years from now and say how could we ever have gotten into this situation where we believed this kind of a fairy-tale story,” said Hansson.”
Ardo Hansson, Governor of Bank of Estonia · Bitcoin since: +1,893%
As published by CCN
A little perspective.
Bitcoin on that day$4,030January 8, 2019
$100 at that price$1,993At 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. “Cryptocurrencies A ‘Load Of Nonsense'” — Ardo Hansson, CCN, January 8, 2019. Bitcoin: $4,029.99. https://bitcoindeaths.com/posts/2019-01-08-cryptocurrencies-a-load-of-nonsense