“Since the fundamental value of bitcoin is zero and would be negative if a proper carbon tax was applied to its massive polluting energy-hogging production, I predict that the current bubble will eventually end in another bust... Risky, volatile bitcoin doesn’t belong in the portfolios of serious institutional investors.”
Nouriel Roubini, Economist and Professor, NYU · Bitcoin since: +79%
As published by Insider
A little perspective.
Bitcoin on that day$44,856February 10, 2021
$100 at that price$179.10At 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.
Nouriel Roubini appears in 8 recorded obituaries. 39 declarations were recorded in 2021.
Keep the receipt.
Bitcoin Is Dead. “The Fundamental Value Of Bitcoin Is Zero” — Nouriel Roubini, Insider, February 10, 2021. Bitcoin: $44,855.62. https://bitcoindeaths.com/posts/2021-02-10-the-fundamental-value-of-bitcoin-is-zero