“Even if it does not amount to much in a practical sense, what Turkey’s move does represent is another nail in cryptocurrency’s coffin. Those nails have been hammered in at an accelerating pace; China has had a ban on Bitcoin trading in place since 2017, Nigeria banned cryptocurrencies in February this year, and India is preparing to impose what will be one of the world’s strictest bans on cryptocurrencies, including fines on those trading and holding assets.”
Ben Kritz, Columnist, The Manila Times · Bitcoin since: +43%
As published by The Manila Times
A little perspective.
Bitcoin on that day$53,812April 21, 2021
$100 at that price$143.44At our latest price check
Illustrative value using a Bitcoin price of $77,186, checked Oct 31, 2026, 4:22 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Inches Closer To Extinction” — Ben Kritz, The Manila Times, April 21, 2021. Bitcoin: $53,812.08. https://bitcoindeaths.com/posts/2021-04-21-bitcoin-inches-closer-to-extinction