You are at: Home » Bitcoin Obituaries » 2018 » “Bitcoin’s rollercoaster ride finally comes off the tracks” – Independent.ie | $5,504.17

“Bitcoin’s rollercoaster ride finally comes off the tracks” – Independent.ie | $5,504.17

So much for Bitcoin, beloved of libertarians, drug dealers and, for a few golden years, the private sector currency that was set to displace the hated money of central banks.

A week of sharp falls in its value has caused investors to question whether it is even viable as a financial asset, let alone a global currency that would one day replace the dollar or euro.

Perhaps the next time you look at that Bitcoin ad, you should ask yourself: “What’s it worth in pet tortoise skeletons?” For everything else, there are euros.

Eulogy made by David Chance

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