
Agustín Carstens
General Manager of BIS
President of the Deutsche Bundesbank
No bad takes on record — yet. We're keeping score.

“Bitcoin has no real value.”
— Jim Cramer
$20,175at the time

“With Bitcoin, there's no thing that backs it up. It's just belief.”
— Elizabeth Warren
$28,188at 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 a scam that will only end in tears.”
— Alex Brummer
$47,740at the time

“So it turns out that Bitcoin is just another bubble asset that blows up when the Fed gets serious about hiking interest rates. Zero store of value function. Zero diversification benefit. Zero yield. Sayonara Bitcoin...”
— Robin Brooks
$24,760at the time

“If I write about the inevitable obsolescence of Bitcoin, I'll have to lock my account again, won't I.”
— Frances Coppola
$47,538at the time

“Bitcoin has no intrinsic value but I applaud your ability to want to buy or sell it, just like I think you have the right to smoke.”
— Jamie Dimon
$94,575at the time

“You’d Have to Be Insane to Introduce Bitcoin into an Environment that’s Already Corrupt”
— Steve Hanke
$45,597at 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

“If we now say ok, bitcoins. What about platinum? What about coal? Why don’t we hold strategic beef reserves, or mutton reserves, or apple reserves? Why Bitcoin?”
— Lesetja Kganyago
$105,559at the time

“”
— Kevin Dowd
$47,070at the time

“In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three”
— Charlie Munger
$37,649at the time

“Bitcoin has no real value.”
— Jim Cramer
$20,175at the time

“With Bitcoin, there's no thing that backs it up. It's just belief.”
— Elizabeth Warren
$28,188at 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 a scam that will only end in tears.”
— Alex Brummer
$47,740at the time

“So it turns out that Bitcoin is just another bubble asset that blows up when the Fed gets serious about hiking interest rates. Zero store of value function. Zero diversification benefit. Zero yield. Sayonara Bitcoin...”
— Robin Brooks
$24,760at the time

“If I write about the inevitable obsolescence of Bitcoin, I'll have to lock my account again, won't I.”
— Frances Coppola
$47,538at the time

“Bitcoin has no intrinsic value but I applaud your ability to want to buy or sell it, just like I think you have the right to smoke.”
— Jamie Dimon
$94,575at the time

“You’d Have to Be Insane to Introduce Bitcoin into an Environment that’s Already Corrupt”
— Steve Hanke
$45,597at 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

“If we now say ok, bitcoins. What about platinum? What about coal? Why don’t we hold strategic beef reserves, or mutton reserves, or apple reserves? Why Bitcoin?”
— Lesetja Kganyago
$105,559at the time

“”
— Kevin Dowd
$47,070at the time

“In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three”
— Charlie Munger
$37,649at the time

“Bitcoin has no real value.”
— Jim Cramer
$20,175at the time

“With Bitcoin, there's no thing that backs it up. It's just belief.”
— Elizabeth Warren
$28,188at 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 a scam that will only end in tears.”
— Alex Brummer
$47,740at the time

“So it turns out that Bitcoin is just another bubble asset that blows up when the Fed gets serious about hiking interest rates. Zero store of value function. Zero diversification benefit. Zero yield. Sayonara Bitcoin...”
— Robin Brooks
$24,760at the time

“If I write about the inevitable obsolescence of Bitcoin, I'll have to lock my account again, won't I.”
— Frances Coppola
$47,538at the time

“Bitcoin has no intrinsic value but I applaud your ability to want to buy or sell it, just like I think you have the right to smoke.”
— Jamie Dimon
$94,575at the time

“You’d Have to Be Insane to Introduce Bitcoin into an Environment that’s Already Corrupt”
— Steve Hanke
$45,597at 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

“If we now say ok, bitcoins. What about platinum? What about coal? Why don’t we hold strategic beef reserves, or mutton reserves, or apple reserves? Why Bitcoin?”
— Lesetja Kganyago
$105,559at the time

“”
— Kevin Dowd
$47,070at the time

“In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three”
— Charlie Munger
$37,649at the time

“Bitcoin has no real value.”
— Jim Cramer
$20,175at the time

“With Bitcoin, there's no thing that backs it up. It's just belief.”
— Elizabeth Warren
$28,188at 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 a scam that will only end in tears.”
— Alex Brummer
$47,740at the time

“So it turns out that Bitcoin is just another bubble asset that blows up when the Fed gets serious about hiking interest rates. Zero store of value function. Zero diversification benefit. Zero yield. Sayonara Bitcoin...”
— Robin Brooks
$24,760at the time

“If I write about the inevitable obsolescence of Bitcoin, I'll have to lock my account again, won't I.”
— Frances Coppola
$47,538at the time

“Bitcoin has no intrinsic value but I applaud your ability to want to buy or sell it, just like I think you have the right to smoke.”
— Jamie Dimon
$94,575at the time

“You’d Have to Be Insane to Introduce Bitcoin into an Environment that’s Already Corrupt”
— Steve Hanke
$45,597at 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

“If we now say ok, bitcoins. What about platinum? What about coal? Why don’t we hold strategic beef reserves, or mutton reserves, or apple reserves? Why Bitcoin?”
— Lesetja Kganyago
$105,559at the time

“”
— Kevin Dowd
$47,070at the time

“In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three”
— Charlie Munger
$37,649at the time
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Joachim Nagel (2026). Joachim Nagel — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 15, 2026, from https://buttcoiners.love/author/joachim-nagel