“Honestly, cryptocurrencies are useless. They’re only used by speculators looking for quick riches, people who don’t like government-backed currencies, and criminals who want a black-market way to exchange money.”
Bruce Schneier, Cryptographer · Bitcoin since: +2,231%
As published by Wired
A little perspective.
Bitcoin on that day$3,394February 6, 2019
$100 at that price$2,331At our latest price check
Illustrative value using a Bitcoin price of $79,116, checked Oct 29, 2026, 10:47 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “There's No Good Reason To Trust Blockchain Technology” — Bruce Schneier, Wired, February 6, 2019. Bitcoin: $3,393.67. https://bitcoindeaths.com/posts/2019-02-06-theres-no-good-reason-to-trust-blockchain-technology