⸺ Obituary · October 2, 2017 ⸺
“Larry Fink Says Cryptocurrencies Show Level of Money Laundering”
— Bloomberg, Larry Fink
“Bitcoin just shows you how much demand for money laundering there is in the world.”
Price at death
$4,404
Today
$73,594
Resurrection
×16.7
On 2017-10-02, Larry Fink declared Bitcoin dead via Bloomberg. Bitcoin was trading at ~$4,404 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on October 2, 2017, when one Bitcoin traded for approximately $4,404. Since then, Bitcoin has appreciated by 16.7× relative to the price on the day Bloomberg pronounced it finished.