“To be clear, Bitcoin is absolutely worthless by any real measure. It’s fake money that’s about as practical to use in the real world as Monopoly bills. Bitcoin is backed by nothing and requires tremendous amounts of energy to mine using computers. As it becomes more difficult to mine, it saps more and more energy, causing millions of tons of carbon dioxide to be pumped into the atmosphere and accelerating climate change. Bitcoin is little more than a speculator’s death cult at this point.”
Matt Novak, Senior Writer, Gizmodo · Bitcoin since: +1,475%
As published by Gizmodo
A little perspective.
Bitcoin on that day$4,909April 2, 2019
$100 at that price$1,575At our latest price check
Illustrative value using a Bitcoin price of $77,302, checked Oct 31, 2026, 8:52 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Nobody Learned Their Lesson After The Last Crash” — Matt Novak, Gizmodo, April 2, 2019. Bitcoin: $4,908.69. https://bitcoindeaths.com/posts/2019-04-02-nobody-learned-their-lesson-after-the-last-crash