⸺ Obituary · May 19, 2013 ⸺
“Game Over, Bitcoin. Where Is The Next Human-Based Digital Currency?”
— OUI Share
“Everyone agrees that Bitcoin is an amazing proof of concept from a technical standpoint, and has succeeded in raising much awareness for the current flaws of the monetary system. But does Bitcoin really address these flaws? More and more prominent economists and net activists say no.”
Price at death
$123
Today
$73,490
Resurrection
×600
On 2013-05-19, OUI Share declared Bitcoin dead. Bitcoin was trading at ~$123 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on May 19, 2013, when one Bitcoin traded for approximately $123. Since then, Bitcoin has appreciated by 600× relative to the price on the day OUI Share pronounced it finished.