“Many people believe that #Bitcoin is the "currency of the future." However, Bitcoin's volatility should punctuate the fact that it will NEVER be considered a currency. #BTC is just a highly speculative asset, and anyone who believes otherwise is living in fantasyland.”
Steve Hanke, Economist and Professor, Johns Hopkins University · Bitcoin since: +66%
As published by Twitter
A little perspective.
Bitcoin on that day$48,315September 18, 2021
$100 at that price$166.27At 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, September 18, 2021. Bitcoin: $48,315.04. https://bitcoindeaths.com/posts/2021-09-18-bitcoin-will-never-be-considered-a-currency