“At present, there is no legitimate use case for Bitcoin. Even if there is, 99% of holders don’t understand it and are holding as a pure speculative play. Making it still, even at $118k, susceptible to a spectacular collapse under the right circumstances.”
Eric Pacifici, Lawyer · Bitcoin since: -31%
As published by Twitter
A little perspective.
Bitcoin on that day$117,636July 25, 2025
$100 at that price$69.27At our latest price check
Illustrative value using a Bitcoin price of $81,482, checked Oct 29, 2026, 3:38 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “There Is No Legitimate Use Case For Bitcoin” — Eric Pacifici, Twitter, July 25, 2025. Bitcoin: $117,635.88. https://bitcoindeaths.com/posts/2025-07-25-there-is-no-legitimate-use-case-for-bitcoin