“[Bitcoin] had no value, either intrinsic or as a promise to pay. It was not money. The price of Bitcoin today does not represent value in the same way money has value. This value is purely speculative, like the price of a tulip during the tulip mania...”
T. Rabi Sankar, Deputy Governor, Reserve Bank of India · Bitcoin since: -14%
A little perspective.
Bitcoin on that day$90,299December 13, 2025
$100 at that price$86.45At our latest price check
Illustrative value using a Bitcoin price of $78,060, checked Oct 29, 2026, 11:58 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Had No Value” — T. Rabi Sankar, Twitter, December 13, 2025. Bitcoin: $90,298.71. https://bitcoindeaths.com/posts/2025-12-13-bitcoin-had-no-value