“This Bitcoin Startup Is Changing Its Name And Moving Away From Bitcoin”
““I’ll be surprised if bitcoin is here in five years,” he has told Fortune. “The value of bitcoin isn’t the currency, but the technology. I think once the world becomes more accustomed and attuned to the platform of bitcoin, the noise will go away, and the currency will go away too. The real transformation is the idea of taking all barriers down… Whatever currency or commodity you want to transact in, you can, and you can do it for free.””
On 2015-10-14, Anthony Watson (CEO, Bitreserve) declared Bitcoin dead via Fortune. Bitcoin was trading at ~$253 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on October 14, 2015, when one Bitcoin traded for approximately $253. Since then, Bitcoin has appreciated by 244× relative to the price on the day Fortune pronounced it finished.
