“#BREAKING: another day, another record for #Bitcoin. Today, bitcoin broke $55,000/#BTC, which represents a 473% gain in the past 12 months. Remember, while the BTC bubble keeps growing, it’s fundamental value is zero.”
Steve Hanke, Economist and Professor, Johns Hopkins University · Bitcoin since: +21%
As published by Twitter
A little perspective.
Bitcoin on that day$55,762February 19, 2021
$100 at that price$120.86At our latest price check
Illustrative value using a Bitcoin price of $67,395, checked Nov 14, 2026, 3:28 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Steve Hanke appears in 10 recorded obituaries. 39 declarations were recorded in 2021.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin's Fundamental Value Is Zero” — Steve Hanke, Twitter, February 19, 2021. Bitcoin: $55,761.9. https://bitcoindeaths.com/posts/2021-02-19-bitcoins-fundamental-value-is-zero