Plot Twist: ₿uyer
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Agustín Carstens
General Manager of BIS
Hamish Douglass
Chairman/Chief Investment Officer, Magellan Financial Group
Finance
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They Weren't the Only Ones Wrong
“Sorry, libertarians: Your dream of a Bitcoin paradise is officially dead and gone”
— Andrew Leonard
$626at the time
“Bitcoin is still doomed.”
— Timothy Lavin
$573at the time
“One of the signs that Bitcoin is dying is that hardly anyone actually uses the currency.”
— Robert Nielsen
$217at the time
“The idea that desperately poor people with limited access to basic necessities will have the technology and the expertise (or need) to use bitcoin is laughable. It is delusional to believe that Bitcoin will be saved by people without access to running water. The people of the Third World have bigger concerns than a decentralised peer-to-peer electronic currency.”
— Robert Nielsen
$217at the time
“It’s a fraud and honestly I’m just shocked anyone can’t see it for what it is.”
— Jamie Dimon
$4,161at 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
“A speculative thing. It's a speculative asset that seems to, just like behave, you know, like the high-priced real estate in Manhattan, for it attrack the stock market.”
— Nassim Taleb
$30,838at the time
“(...)Christians should avoid Bitcoin “at all cost”(...).”
— Joe Carter
$662at the time
“Mining (they even borrowed the word!) bitcoins is pointless busywork that produces nothing of real value.”
— Avery Pennarun
$4at 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
“Bitcoin, I think we can say, is dead. There is no traction, no one is using bitcoin. The bitcoin experiment, I think we can say, is over.”
— Taavet Hinrikus
$428at the time
“Bitcoin: 10 Years Of Smoke And Mirrors”
— Karen Webster
$6,591at the time
“Sorry, libertarians: Your dream of a Bitcoin paradise is officially dead and gone”
— Andrew Leonard
$626at the time
“Bitcoin is still doomed.”
— Timothy Lavin
$573at the time
“One of the signs that Bitcoin is dying is that hardly anyone actually uses the currency.”
— Robert Nielsen
$217at the time
“The idea that desperately poor people with limited access to basic necessities will have the technology and the expertise (or need) to use bitcoin is laughable. It is delusional to believe that Bitcoin will be saved by people without access to running water. The people of the Third World have bigger concerns than a decentralised peer-to-peer electronic currency.”
— Robert Nielsen
$217at the time
“It’s a fraud and honestly I’m just shocked anyone can’t see it for what it is.”
— Jamie Dimon
$4,161at 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
“A speculative thing. It's a speculative asset that seems to, just like behave, you know, like the high-priced real estate in Manhattan, for it attrack the stock market.”
— Nassim Taleb
$30,838at the time
“(...)Christians should avoid Bitcoin “at all cost”(...).”
— Joe Carter
$662at the time
“Mining (they even borrowed the word!) bitcoins is pointless busywork that produces nothing of real value.”
— Avery Pennarun
$4at 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
“Bitcoin, I think we can say, is dead. There is no traction, no one is using bitcoin. The bitcoin experiment, I think we can say, is over.”
— Taavet Hinrikus
$428at the time
“Bitcoin: 10 Years Of Smoke And Mirrors”
— Karen Webster
$6,591at the time
“Sorry, libertarians: Your dream of a Bitcoin paradise is officially dead and gone”
— Andrew Leonard
$626at the time
“Bitcoin is still doomed.”
— Timothy Lavin
$573at the time
“One of the signs that Bitcoin is dying is that hardly anyone actually uses the currency.”
— Robert Nielsen
$217at the time
“The idea that desperately poor people with limited access to basic necessities will have the technology and the expertise (or need) to use bitcoin is laughable. It is delusional to believe that Bitcoin will be saved by people without access to running water. The people of the Third World have bigger concerns than a decentralised peer-to-peer electronic currency.”
— Robert Nielsen
$217at the time
“It’s a fraud and honestly I’m just shocked anyone can’t see it for what it is.”
— Jamie Dimon
$4,161at 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
“A speculative thing. It's a speculative asset that seems to, just like behave, you know, like the high-priced real estate in Manhattan, for it attrack the stock market.”
— Nassim Taleb
$30,838at the time
“(...)Christians should avoid Bitcoin “at all cost”(...).”
— Joe Carter
$662at the time
“Mining (they even borrowed the word!) bitcoins is pointless busywork that produces nothing of real value.”
— Avery Pennarun
$4at 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
“Bitcoin, I think we can say, is dead. There is no traction, no one is using bitcoin. The bitcoin experiment, I think we can say, is over.”
— Taavet Hinrikus
$428at the time
“Bitcoin: 10 Years Of Smoke And Mirrors”
— Karen Webster
$6,591at the time
“Sorry, libertarians: Your dream of a Bitcoin paradise is officially dead and gone”
— Andrew Leonard
$626at the time
“Bitcoin is still doomed.”
— Timothy Lavin
$573at the time
“One of the signs that Bitcoin is dying is that hardly anyone actually uses the currency.”
— Robert Nielsen
$217at the time
“The idea that desperately poor people with limited access to basic necessities will have the technology and the expertise (or need) to use bitcoin is laughable. It is delusional to believe that Bitcoin will be saved by people without access to running water. The people of the Third World have bigger concerns than a decentralised peer-to-peer electronic currency.”
— Robert Nielsen
$217at the time
“It’s a fraud and honestly I’m just shocked anyone can’t see it for what it is.”
— Jamie Dimon
$4,161at 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
“A speculative thing. It's a speculative asset that seems to, just like behave, you know, like the high-priced real estate in Manhattan, for it attrack the stock market.”
— Nassim Taleb
$30,838at the time
“(...)Christians should avoid Bitcoin “at all cost”(...).”
— Joe Carter
$662at the time
“Mining (they even borrowed the word!) bitcoins is pointless busywork that produces nothing of real value.”
— Avery Pennarun
$4at 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
“Bitcoin, I think we can say, is dead. There is no traction, no one is using bitcoin. The bitcoin experiment, I think we can say, is over.”
— Taavet Hinrikus
$428at the time
“Bitcoin: 10 Years Of Smoke And Mirrors”
— Karen Webster
$6,591at the time
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Cite this page— APA, MLA, Chicago, BibTeX
Hamish Douglass (2026). Hamish Douglass — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 15, 2026, from https://buttcoiners.love/author/hamish-douglass