“Bitcoin is nothing, it’s vapor, a concept of an idea. Transactions using bitcoin are few and far between. It’s not a store of value—anything that drops 30% in a week can’t play that role.”
Andy Kessler, Businessman, Investor, and Author · Bitcoin since: +134%
As published by Wall Street Journal
A little perspective.
Bitcoin on that day$33,130January 31, 2021
$100 at that price$234.05At our latest price check
Illustrative value using a Bitcoin price of $77,542, checked Nov 1, 2026, 2:32 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Is Nothing” — Andy Kessler, Wall Street Journal, January 31, 2021. Bitcoin: $33,129.74. https://bitcoindeaths.com/posts/2021-01-31-bitcoin-is-nothing