After the experiment, he later sold his Bitcoin for $140, calling Bitcoin a bubble. Roose later admitted to being wrong about Bitcoin in an article in which he says “Hoo boy, did I blow it. Today, the Bitcoin I sold for about $140 would be worth more than $15,000.” One of the factors that led Roose to initially dismiss Bitcoin as a failed experiment was the lack of merchants accepting Bitcoin at the time. Currently, however, Bitcoin has taken over the cryptocurrency market, with popular compa...

After the experiment, he later sold his Bitcoin for $140, calling Bitcoin a bubble. Roose later admitted to being wrong about Bitcoin in an article in which he says “Hoo boy, did I blow it. Today, the Bitcoin I sold for about $140 would be worth more than $15,000.” One of the factors that led Roose to initially dismiss Bitcoin as a failed experiment was the lack of merchants accepting Bitcoin at the time. Currently, however, Bitcoin has taken over the cryptocurrency market, with popular compa...