“To me, it's fool’s gold. There are no financial statements, no balance sheets, no revenues or assets. There’s not even a physical product! This is unbridled lunacy in which some astute techies take advantage of what will ultimately be some very unfortunate people.”
Jonathon Trugman, Writer, NYPost · Bitcoin since: +580%
As published by NYPost
A little perspective.
Bitcoin on that day$11,883June 29, 2019
$100 at that price$679.84At our latest price check
Illustrative value using a Bitcoin price of $80,782, checked Oct 29, 2026, 6:04 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Not Built To Last, Despite Recent Surge” — Jonathon Trugman, NYPost, June 29, 2019. Bitcoin: $11,882.51. https://bitcoindeaths.com/posts/2019-06-29-bitcoin-not-built-to-last-despite-recent-surge