“Don’t be fooled by #bitcoin’s recent bump. Buying bitcoin is a fool’s game.”
Steve Hanke, Economist and Professor, Johns Hopkins University · Bitcoin since: +881%
As published by Twitter
A little perspective.
Bitcoin on that day$8,189May 19, 2019
$100 at that price$980.97At 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.
Steve Hanke appears in 10 recorded obituaries. 40 declarations were recorded in 2019.
Keep the receipt.
Bitcoin Is Dead. “Buying Bitcoin Is A Fool's Game” — Steve Hanke, Twitter, May 19, 2019. Bitcoin: $8,189.38. https://bitcoindeaths.com/posts/2019-05-19-buying-bitcoin-is-a-fools-game