
Agustín Carstens
General Manager of BIS

Founder of Soros Fund Management
No bad takes on record — yet. We're keeping score.

“Bitcoin is Evil.”
— Paul Krugman
$728at the time

“Bitcoin's 'hyperbolic bubble is going to go bust”
— Nouriel Roubini
$23,719at the time

“#Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history.”
— Peter Schiff
$81,483at the time

“Bitcoin has no unique value at all. It doesn't produce anything. You can stare at it all day and no little Bitcoins come out or anything like that. It's a delusion, basically.”
— Warren Buffett
$3,826at the time

“Stay away from bitcoin — it’s complete garbage.”
— Brett Arends
$2,340at the time

“Bitcoin isn't cyberpunk fantasy and it isn't a Thomas Pynchon novel. It's dull. The thrill is gone. And that's why people are so mad.”
— Andrew Leonard
$626at the time

“I get a kick out of #Bitcoin fanatics who accuse me of secretly owning Bitcoin, but refusing to publicly wear the ribbon. They are just so drunk on the Kool-Aid that they can't accept that I legitimately disagree with their perspective. I just don't see the emperor's new clothes.”
— Peter Schiff
$60,800at the time

“Bitcoin Is The Next Tumblr”
— Lawrence Meyers
$48,766at the time

“Bitcoin is a public, decentralized ponzi scheme”
— Jamie Dimon
$61,322at the time

“Game Over, Bitcoin. Where Is The Next Human-Based Digital Currency?”
— Stanislas Jourdan
$127at the time

“#Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history. The overall losses when the bubble finally pops will be staggering. It's not just the speculators who will be left holding a bag of worthless Bitcoin, but also the investors who funded all the infrastructure and related businesses. This is likely the biggest misallocation of resources in human history. Not only will the net losses to society be staggering, but Bitcoin itself will do more to tarnish the reputation of libertarian capitalism and the concept of sound money than any failed government program ever has.”
— Peter Schiff
$81,483at the time

“Bitcoin is a scam that will only end in tears.”
— Alex Brummer
$47,740at the time

“Bitcoin is Evil.”
— Paul Krugman
$728at the time

“Bitcoin's 'hyperbolic bubble is going to go bust”
— Nouriel Roubini
$23,719at the time

“#Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history.”
— Peter Schiff
$81,483at the time

“Bitcoin has no unique value at all. It doesn't produce anything. You can stare at it all day and no little Bitcoins come out or anything like that. It's a delusion, basically.”
— Warren Buffett
$3,826at the time

“Stay away from bitcoin — it’s complete garbage.”
— Brett Arends
$2,340at the time

“Bitcoin isn't cyberpunk fantasy and it isn't a Thomas Pynchon novel. It's dull. The thrill is gone. And that's why people are so mad.”
— Andrew Leonard
$626at the time

“I get a kick out of #Bitcoin fanatics who accuse me of secretly owning Bitcoin, but refusing to publicly wear the ribbon. They are just so drunk on the Kool-Aid that they can't accept that I legitimately disagree with their perspective. I just don't see the emperor's new clothes.”
— Peter Schiff
$60,800at the time

“Bitcoin Is The Next Tumblr”
— Lawrence Meyers
$48,766at the time

“Bitcoin is a public, decentralized ponzi scheme”
— Jamie Dimon
$61,322at the time

“Game Over, Bitcoin. Where Is The Next Human-Based Digital Currency?”
— Stanislas Jourdan
$127at the time

“#Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history. The overall losses when the bubble finally pops will be staggering. It's not just the speculators who will be left holding a bag of worthless Bitcoin, but also the investors who funded all the infrastructure and related businesses. This is likely the biggest misallocation of resources in human history. Not only will the net losses to society be staggering, but Bitcoin itself will do more to tarnish the reputation of libertarian capitalism and the concept of sound money than any failed government program ever has.”
— Peter Schiff
$81,483at the time

“Bitcoin is a scam that will only end in tears.”
— Alex Brummer
$47,740at the time

“Bitcoin is Evil.”
— Paul Krugman
$728at the time

“Bitcoin's 'hyperbolic bubble is going to go bust”
— Nouriel Roubini
$23,719at the time

“#Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history.”
— Peter Schiff
$81,483at the time

“Bitcoin has no unique value at all. It doesn't produce anything. You can stare at it all day and no little Bitcoins come out or anything like that. It's a delusion, basically.”
— Warren Buffett
$3,826at the time

“Stay away from bitcoin — it’s complete garbage.”
— Brett Arends
$2,340at the time

“Bitcoin isn't cyberpunk fantasy and it isn't a Thomas Pynchon novel. It's dull. The thrill is gone. And that's why people are so mad.”
— Andrew Leonard
$626at the time

“I get a kick out of #Bitcoin fanatics who accuse me of secretly owning Bitcoin, but refusing to publicly wear the ribbon. They are just so drunk on the Kool-Aid that they can't accept that I legitimately disagree with their perspective. I just don't see the emperor's new clothes.”
— Peter Schiff
$60,800at the time

“Bitcoin Is The Next Tumblr”
— Lawrence Meyers
$48,766at the time

“Bitcoin is a public, decentralized ponzi scheme”
— Jamie Dimon
$61,322at the time

“Game Over, Bitcoin. Where Is The Next Human-Based Digital Currency?”
— Stanislas Jourdan
$127at the time

“#Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history. The overall losses when the bubble finally pops will be staggering. It's not just the speculators who will be left holding a bag of worthless Bitcoin, but also the investors who funded all the infrastructure and related businesses. This is likely the biggest misallocation of resources in human history. Not only will the net losses to society be staggering, but Bitcoin itself will do more to tarnish the reputation of libertarian capitalism and the concept of sound money than any failed government program ever has.”
— Peter Schiff
$81,483at the time

“Bitcoin is a scam that will only end in tears.”
— Alex Brummer
$47,740at the time

“Bitcoin is Evil.”
— Paul Krugman
$728at the time

“Bitcoin's 'hyperbolic bubble is going to go bust”
— Nouriel Roubini
$23,719at the time

“#Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history.”
— Peter Schiff
$81,483at the time

“Bitcoin has no unique value at all. It doesn't produce anything. You can stare at it all day and no little Bitcoins come out or anything like that. It's a delusion, basically.”
— Warren Buffett
$3,826at the time

“Stay away from bitcoin — it’s complete garbage.”
— Brett Arends
$2,340at the time

“Bitcoin isn't cyberpunk fantasy and it isn't a Thomas Pynchon novel. It's dull. The thrill is gone. And that's why people are so mad.”
— Andrew Leonard
$626at the time

“I get a kick out of #Bitcoin fanatics who accuse me of secretly owning Bitcoin, but refusing to publicly wear the ribbon. They are just so drunk on the Kool-Aid that they can't accept that I legitimately disagree with their perspective. I just don't see the emperor's new clothes.”
— Peter Schiff
$60,800at the time

“Bitcoin Is The Next Tumblr”
— Lawrence Meyers
$48,766at the time

“Bitcoin is a public, decentralized ponzi scheme”
— Jamie Dimon
$61,322at the time

“Game Over, Bitcoin. Where Is The Next Human-Based Digital Currency?”
— Stanislas Jourdan
$127at the time

“#Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history. The overall losses when the bubble finally pops will be staggering. It's not just the speculators who will be left holding a bag of worthless Bitcoin, but also the investors who funded all the infrastructure and related businesses. This is likely the biggest misallocation of resources in human history. Not only will the net losses to society be staggering, but Bitcoin itself will do more to tarnish the reputation of libertarian capitalism and the concept of sound money than any failed government program ever has.”
— Peter Schiff
$81,483at the time

“Bitcoin is a scam that will only end in tears.”
— Alex Brummer
$47,740at the time
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George Soros (2026). George Soros — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 15, 2026, from https://buttcoiners.love/author/george-soros