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Dr Joachim Nagel
President of Deutsche Bundesbank
Kenneth Rogoff
Economist
Economics
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They Weren't the Only Ones Wrong
“Bitcoin buoyancy is driven by popular mass delusion but the madness will keep making money”
— Josh Williams
$35,671
“Bitcoin plays into a fantasy of self-sufficient individualism, of protecting your family with your personal AR-15, treating your Covid with an anti-parasite drug or urine and managing your financial affairs with privately created money, untainted by institutions like governments or banks.”
— Paul Krugman
$38,483
“Just replace the word Bitcoin with Beanie Babies. Should the Fed buy Beanie Babies because they were a fad for a while?”
— Neel Kashkari
$67,824
“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
$60,800
“Bitcoin is obsolete. Interesting idea and concept. Impractical for any real utility.”
— Bill Blain
$29,161
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838
“#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
$81,483
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“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
$24,760
“It’s got a magic to it and people have attached magic to lots of things.”
— Warren Buffett
$37,649
“#Bitcoin won't be around a decade from now.”
— Peter Schiff
$40,094
“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
$105,559
“Bitcoin buoyancy is driven by popular mass delusion but the madness will keep making money”
— Josh Williams
$35,671
“Bitcoin plays into a fantasy of self-sufficient individualism, of protecting your family with your personal AR-15, treating your Covid with an anti-parasite drug or urine and managing your financial affairs with privately created money, untainted by institutions like governments or banks.”
— Paul Krugman
$38,483
“Just replace the word Bitcoin with Beanie Babies. Should the Fed buy Beanie Babies because they were a fad for a while?”
— Neel Kashkari
$67,824
“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
$60,800
“Bitcoin is obsolete. Interesting idea and concept. Impractical for any real utility.”
— Bill Blain
$29,161
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838
“#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
$81,483
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“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
$24,760
“It’s got a magic to it and people have attached magic to lots of things.”
— Warren Buffett
$37,649
“#Bitcoin won't be around a decade from now.”
— Peter Schiff
$40,094
“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
$105,559
“Bitcoin buoyancy is driven by popular mass delusion but the madness will keep making money”
— Josh Williams
$35,671
“Bitcoin plays into a fantasy of self-sufficient individualism, of protecting your family with your personal AR-15, treating your Covid with an anti-parasite drug or urine and managing your financial affairs with privately created money, untainted by institutions like governments or banks.”
— Paul Krugman
$38,483
“Just replace the word Bitcoin with Beanie Babies. Should the Fed buy Beanie Babies because they were a fad for a while?”
— Neel Kashkari
$67,824
“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
$60,800
“Bitcoin is obsolete. Interesting idea and concept. Impractical for any real utility.”
— Bill Blain
$29,161
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838
“#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
$81,483
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“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
$24,760
“It’s got a magic to it and people have attached magic to lots of things.”
— Warren Buffett
$37,649
“#Bitcoin won't be around a decade from now.”
— Peter Schiff
$40,094
“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
$105,559
“Bitcoin buoyancy is driven by popular mass delusion but the madness will keep making money”
— Josh Williams
$35,671
“Bitcoin plays into a fantasy of self-sufficient individualism, of protecting your family with your personal AR-15, treating your Covid with an anti-parasite drug or urine and managing your financial affairs with privately created money, untainted by institutions like governments or banks.”
— Paul Krugman
$38,483
“Just replace the word Bitcoin with Beanie Babies. Should the Fed buy Beanie Babies because they were a fad for a while?”
— Neel Kashkari
$67,824
“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
$60,800
“Bitcoin is obsolete. Interesting idea and concept. Impractical for any real utility.”
— Bill Blain
$29,161
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838
“#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
$81,483
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“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
$24,760
“It’s got a magic to it and people have attached magic to lots of things.”
— Warren Buffett
$37,649
“#Bitcoin won't be around a decade from now.”
— Peter Schiff
$40,094
“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
$105,559
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Kenneth Rogoff (2026). Kenneth Rogoff — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/author/kenneth-rogoff