“Unlike governments, the closest Bitcoin gets to redistribution of wealth is celebrity-sponsored giveaways, which are at worst predatory hoaxes and at best promotional corporate stunts that offer $11 worth of cryptocurrency to people clearly desperate for far more. Help mine the stuff with a high-end computer and get the chance to heat your greenhouse as well.”
Lionel Laurent, Columnist, Bloomberg Opinion · Bitcoin since: +149%
As published by Bloomberg
A little perspective.
Bitcoin on that day$32,255January 25, 2021
$100 at that price$249.06At 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.
Lionel Laurent appears in 3 recorded obituaries. 39 declarations were recorded in 2021.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Is an Incredibly Dirty Business” — Lionel Laurent, Bloomberg, January 25, 2021. Bitcoin: $32,255.35. https://bitcoindeaths.com/posts/2021-01-25-bitcoin-is-an-incredibly-dirty-business