“Here’s The Harsh Truth About Crypto”
“So, what has bitcoin actually, you know, done? The answer, of course, is: basically nothing. And that’s why the world’s most-traded cryptocurrency is worth basically nothing.”
On 2021-05-18, Tim Mullaney (Writer, Journalist) declared Bitcoin dead via MSN. Bitcoin was trading at ~$42,896 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on May 18, 2021, when one Bitcoin traded for approximately $42,896. Since then, Bitcoin has appreciated by 44% relative to the price on the day MSN pronounced it finished.