⸺ Obituary · December 13, 2017 ⸺
“Bitcoin Energy Boom Stamps Down Colossal Carbon Footprint”
— DW, Alex de Vries
“Few people use bitcoin to buy anything — but everyone pays for its environmental impact.”
Price at death
$16,407
Today
$73,504
Resurrection
×4.5
On 2017-12-13, Alex de Vries (Data Scientist - Financial Economic Crime, De Nederlandsche Bank) declared Bitcoin dead via DW. Bitcoin was trading at ~$16,407 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on December 13, 2017, when one Bitcoin traded for approximately $16,407. Since then, Bitcoin has appreciated by 4.5× relative to the price on the day DW pronounced it finished.