⸺ Obituary · July 6, 2019 ⸺
“The End Of Bitcoin As We Know It”
— Irish Tech News, David Fritsche
“I hope I am wrong and there turns out to be a bright future for Bitcoin. The facts say otherwise.”
Price at death
$11,252
Today
$73,594
Resurrection
×6.5
On 2019-07-06, David Fritsche (Founder and CTO, Secured Communications) declared Bitcoin dead via Irish Tech News. Bitcoin was trading at ~$11,252 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on July 6, 2019, when one Bitcoin traded for approximately $11,252. Since then, Bitcoin has appreciated by 6.5× relative to the price on the day Irish Tech News pronounced it finished.