The Bureau of Historic Losses
The Skeptics' Ledger
They said it was a scam, a fraud, rat poison, worth nothing. We wrote down the date. The figures update hourly.
№ 001 · 2018-05-05
Warren Buffett
“It's probably rat poison squared.”
$1,000 then, at its peak
US$12,66712.7×
today US$6,222
№ 002 · 2021-05-01
Charlie Munger
“I think the whole damn development is disgusting and contrary to the interests of civilization.”
$1,000 then, at its peak
US$2,1562.16×
today US$1,059
№ 003 · 2017-09-12
Jamie Dimon
“It's a fraud… worse than tulip bulbs. It won't end well.”
$1,000 then, at its peak
US$29,98930.0×
today US$14,731
№ 004 · 2018-05-07
Bill Gates
“It's kind of a pure 'greater fool theory' type of investment.”
$1,000 then, at its peak
US$13,30013.3×
today US$6,533
№ 005 · 2018-11-20
Peter Schiff
“It's eventually going to zero.”
$1,000 then, at its peak
US$28,07928.1×
today US$13,793
№ 006 · 2018-10-11
Nouriel Roubini
“Crypto is the mother or father of all scams and bubbles.”
$1,000 then, at its peak
US$20,08620.1×
today US$9,867
№ 007 · 2013-12-28
Paul Krugman
“Bitcoin Is Evil”
$1,000 then, at its peak
US$163,679164×
today US$80,401
№ 008 · 2019-07-12
Donald Trump
“…not money, and whose value is highly volatile and based on thin air.”
$1,000 then, at its peak
US$10,57210.6×
today US$5,193
№ 009 · 2022-05-20
Christine Lagarde
“It is worth nothing. It is based on nothing. There is no underlying asset to act as an anchor of safety.”
$1,000 then, at its peak
US$4,2764.28×
today US$2,101
Everyone's a genius in hindsight. These ones did it out loud.
Calculate my regret