⸺ Obituary · May 17, 2018 ⸺
“Bitcoin’s Energy Use Got Studied, And You Libertarian Nerds Look Even Worse Than Usual”
— Grist, Eric Holthaus
“It’s a telling social phenomenon of late capitalism that we are willing to construct elaborate computer networks to conduct secure transactions with each other — and in the process torpedoing our hopes at a clean energy future.”
Price at death
$8,059
Today
$73,594
Resurrection
×9.1
On 2018-05-17, Eric Holthaus (Meteorologist, Columnist) declared Bitcoin dead via Grist. Bitcoin was trading at ~$8,059 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on May 17, 2018, when one Bitcoin traded for approximately $8,059. Since then, Bitcoin has appreciated by 9.1× relative to the price on the day Grist pronounced it finished.