“Digital currencies sought to replace the financial system with one that was faster, cheaper, less under government control and more accessible to the poor, but they failed.”
Greg Ip, Chief Economics Commentator, The Wall Street Journal · Bitcoin since: +165%
As published by Valor Econômico
A little perspective.
Bitcoin on that day$30,298May 18, 2022
$100 at that price$265.15At 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.
Keep the receipt.
Bitcoin Is Dead. “Colapso Das Criptomoedas Expõe O Vazio De Promessa Libertária (Cryptocurrency Collapse Exposes Void Of Libertarian Promise)” — Greg Ip, Valor Econômico, May 18, 2022. Bitcoin: $30,298.1. https://bitcoindeaths.com/posts/2022-05-18-colapso-das-criptomoedas-expe-o-vazio-de-promessa-libertria-cryptocurrency-collapse-exposes-void-of-libertarian-promise