⸺ Obituary · September 30, 2013 ⸺
“Should I Buy Bitcoins?" "No.”
— Broken Librarian, Christian Wagner
“It's not anonymous, it's not free, it's not instant, and it's not convenient. It's extremely difficult to make money on it, mining is useless, and it's literally impossible that it will ever go into widespread use. Unless you have an ideological stake in the concept of Bitcoin (or want to buy drugs and/or child porn), there is literally no reason to get involved in it.”
Price at death
$123
Today
$73,594
Resurrection
×598
On 2013-09-30, Christian Wagner (Author) declared Bitcoin dead via Broken Librarian. Bitcoin was trading at ~$123 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on September 30, 2013, when one Bitcoin traded for approximately $123. Since then, Bitcoin has appreciated by 598× relative to the price on the day Broken Librarian pronounced it finished.