“Bitcoin is nothing more than a string of digital codes, and its returns mainly come from buying low and selling high... In the future, once investors' confidence collapses or when sovereign countries declare bitcoin illegal, it will return to its original value, which is utterly worthless.”
China's Economic Daily · Bitcoin since: +277%
As published by Business Standard
Bitcoin Heading To Zero, Says China State Media Amid Global Crypto Downturn ↗
A little perspective.
Bitcoin on that day$21,232June 25, 2022
$100 at that price$377.45At our latest price check
Illustrative value using a Bitcoin price of $80,139, checked Oct 29, 2026, 10:40 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Heading To Zero, Says China State Media Amid Global Crypto Downturn” — China's Economic Daily, Business Standard, June 25, 2022. Bitcoin: $21,231.66. https://bitcoindeaths.com/posts/2022-06-25-bitcoin-heading-to-zero-says-china-state-media-amid-global-crypto-downturn