“Bitcoin is, frankly, for suckers in the long term.”
Lawrence Meyers, Journalist · Bitcoin since: +175%
As published by CCN
The Bitcoin Skeptic: Why Bitcoin Will Never Replace Fiat Currency ↗
A little perspective.
Bitcoin on that day$29,181August 7, 2023
$100 at that price$275.30At 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. “The Bitcoin Skeptic: Why Bitcoin Will Never Replace Fiat Currency” — Lawrence Meyers, CCN, August 7, 2023. Bitcoin: $29,180.58. https://bitcoindeaths.com/posts/2023-08-07-the-bitcoin-skeptic-why-bitcoin-will-never-replace-fiat-currency