⸺ Obituary · July 24, 2019 ⸺

“I Can Assure You I Will Personally Not Be Loaded Up On Bitcoin In 10 Years”

CNBC

Steven Mnuchin

“I won't be talking about Bitcoin in 10 years, I can assure you that. […] I would bet in even 5 or 6 years I'm no longer talking about Bitcoin as Treasury Secretary. […] I can assure you I will personally not be loaded up on Bitcoin.”

Price at death

$9,772

Today

$61,577

Resurrection

×6.3

On 2019-07-24, Steven Mnuchin (United States Secretary of the Treasury) declared Bitcoin dead via CNBC. Bitcoin was trading at ~$9,772 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on July 24, 2019, when one Bitcoin traded for approximately $9,772. Since then, Bitcoin has appreciated by 6.3× relative to the price on the day CNBC pronounced it finished.

Read the original →

← Earlier death

“Bitcoin Buyers Are Only Fooling Themselves Again”

Later death →

“Bitcoin’s Fatal Flaw: The Limited Adoption Problem”

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