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

“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 could remain irrationally valuable for a long while yet.”
— Josh Williams
$35,671at the time

“For those who had assumed that it might turn into a currency -- terribly sorry, but this is an asset and it’s a highly speculative asset which has conducted some funny business and some interesting and totally reprehensible money-laundering activity.”
— Christine Lagarde
$37,386at the time

“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”
— Donald Trump
$11,350at the time

“The Bitcoin Skeptic: BTC Value Will Crash 99% for the Same Reason Tumblr’s Just Did”
— Lawrence Meyers
$48,357at the time

“Bitcoin is a Ponzi scheme, and it will collapse like one”
— Bert Ely
$14,691at the time

“Bitcoin is bovine excrement.”
— Nicholas Weaver
$3,970at the time

“First, blockchain is not a bubble, but Bitcoin is a bubble.”
— Jack Ma
$6,248at the time

“A survey by the @bankofcanada shows that #Canadians with low financial literacy are twice as likely to buy #Bitcoin. This proves the old adage that there is a sucker born every minute.”
— Steve Hanke
$10,674at the time

“Bitcoin is a 'speculative self-fulfilling bubble”
— Nouriel Roubini
$24,703at the time

“Rather have bananas than bitcoin. I could eat bananas — crypto, not so much.”
— Mark Cuban
$8,205at the time

“I regard the bitcoin craze as totally asinine.”
— Charlie Munger
$9,875at 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 could remain irrationally valuable for a long while yet.”
— Josh Williams
$35,671at the time

“For those who had assumed that it might turn into a currency -- terribly sorry, but this is an asset and it’s a highly speculative asset which has conducted some funny business and some interesting and totally reprehensible money-laundering activity.”
— Christine Lagarde
$37,386at the time

“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”
— Donald Trump
$11,350at the time

“The Bitcoin Skeptic: BTC Value Will Crash 99% for the Same Reason Tumblr’s Just Did”
— Lawrence Meyers
$48,357at the time

“Bitcoin is a Ponzi scheme, and it will collapse like one”
— Bert Ely
$14,691at the time

“Bitcoin is bovine excrement.”
— Nicholas Weaver
$3,970at the time

“First, blockchain is not a bubble, but Bitcoin is a bubble.”
— Jack Ma
$6,248at the time

“A survey by the @bankofcanada shows that #Canadians with low financial literacy are twice as likely to buy #Bitcoin. This proves the old adage that there is a sucker born every minute.”
— Steve Hanke
$10,674at the time

“Bitcoin is a 'speculative self-fulfilling bubble”
— Nouriel Roubini
$24,703at the time

“Rather have bananas than bitcoin. I could eat bananas — crypto, not so much.”
— Mark Cuban
$8,205at the time

“I regard the bitcoin craze as totally asinine.”
— Charlie Munger
$9,875at 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 could remain irrationally valuable for a long while yet.”
— Josh Williams
$35,671at the time

“For those who had assumed that it might turn into a currency -- terribly sorry, but this is an asset and it’s a highly speculative asset which has conducted some funny business and some interesting and totally reprehensible money-laundering activity.”
— Christine Lagarde
$37,386at the time

“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”
— Donald Trump
$11,350at the time

“The Bitcoin Skeptic: BTC Value Will Crash 99% for the Same Reason Tumblr’s Just Did”
— Lawrence Meyers
$48,357at the time

“Bitcoin is a Ponzi scheme, and it will collapse like one”
— Bert Ely
$14,691at the time

“Bitcoin is bovine excrement.”
— Nicholas Weaver
$3,970at the time

“First, blockchain is not a bubble, but Bitcoin is a bubble.”
— Jack Ma
$6,248at the time

“A survey by the @bankofcanada shows that #Canadians with low financial literacy are twice as likely to buy #Bitcoin. This proves the old adage that there is a sucker born every minute.”
— Steve Hanke
$10,674at the time

“Bitcoin is a 'speculative self-fulfilling bubble”
— Nouriel Roubini
$24,703at the time

“Rather have bananas than bitcoin. I could eat bananas — crypto, not so much.”
— Mark Cuban
$8,205at the time

“I regard the bitcoin craze as totally asinine.”
— Charlie Munger
$9,875at 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 could remain irrationally valuable for a long while yet.”
— Josh Williams
$35,671at the time

“For those who had assumed that it might turn into a currency -- terribly sorry, but this is an asset and it’s a highly speculative asset which has conducted some funny business and some interesting and totally reprehensible money-laundering activity.”
— Christine Lagarde
$37,386at the time

“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”
— Donald Trump
$11,350at the time

“The Bitcoin Skeptic: BTC Value Will Crash 99% for the Same Reason Tumblr’s Just Did”
— Lawrence Meyers
$48,357at the time

“Bitcoin is a Ponzi scheme, and it will collapse like one”
— Bert Ely
$14,691at the time

“Bitcoin is bovine excrement.”
— Nicholas Weaver
$3,970at the time

“First, blockchain is not a bubble, but Bitcoin is a bubble.”
— Jack Ma
$6,248at the time

“A survey by the @bankofcanada shows that #Canadians with low financial literacy are twice as likely to buy #Bitcoin. This proves the old adage that there is a sucker born every minute.”
— Steve Hanke
$10,674at the time

“Bitcoin is a 'speculative self-fulfilling bubble”
— Nouriel Roubini
$24,703at the time

“Rather have bananas than bitcoin. I could eat bananas — crypto, not so much.”
— Mark Cuban
$8,205at the time

“I regard the bitcoin craze as totally asinine.”
— Charlie Munger
$9,875at the time
Same energy, same bad takes.
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Ralph Schlosstein (2026). Ralph Schlosstein — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 15, 2026, from https://buttcoiners.love/author/ralph-schlosstein
