⸺ Obituary · December 22, 2014 ⸺
“Can Bitcoin Survive 2015?”
— AOL
“A writer for The Washington Post argues bitcoin’s system is doomed to fail because governments have a lot of say when it comes to any financial system and can put pressure on those intuitions as it sees fit.”
Price at death
$331
Today
$73,594
Resurrection
×223
On 2014-12-22, AOL declared Bitcoin dead. Bitcoin was trading at ~$331 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on December 22, 2014, when one Bitcoin traded for approximately $331. Since then, Bitcoin has appreciated by 223× relative to the price on the day AOL pronounced it finished.