“Wildly volatile, highly speculative, and fundamentally worthless. #Bitcoin will NEVER be considered a currency. Are the #BTC evangelists and enthusiasts blindly digging their own graves?”
Steve Hanke, Economist and Professor, Johns Hopkins University · Bitcoin since: +103%
As published by Twitter
A little perspective.
Bitcoin on that day$39,490July 27, 2021
$100 at that price$203.43At 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.
Steve Hanke appears in 10 recorded obituaries. 39 declarations were recorded in 2021.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Will NEVER Be Considered A Currency” — Steve Hanke, Twitter, July 27, 2021. Bitcoin: $39,489.87. https://bitcoindeaths.com/posts/2021-07-27-bitcoin-will-never-be-considered-a-currency