You are at: Home » ‘Bitcoin Is On The Road To Irrelevance’ – ECB |$17,168.57
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The value of bitcoin peaked at USD 69,000 in November 2021 before falling to USD 17,000 by mid-June 2022. Since then, the value has fluctuated around USD 20,000. For bitcoin proponents, the seeming stabilization signals a breather on the way to new heights. More likely, however, it is an artificially induced last gasp before the road to irrelevance – and this was already foreseeable before FTX went bust and sent the bitcoin price to well below USD16,000.

Eulogy made by Ulrich Bindseil Jürgen Schaaf

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