⸺ Obituary · February 14, 2022 ⸺

“Crypto May Be Worse Than A Ponzi Scheme”

Reserve Bank of India

T. Rabi Sankar

Price at death

$42,587

Today

$61,577

Resurrection

×1.4

On 2022-02-14, T. Rabi Sankar (RBI Deputy Governor) declared Bitcoin dead via Reserve Bank of India. Bitcoin was trading at ~$42,587 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on February 14, 2022, when one Bitcoin traded for approximately $42,587. Since then, Bitcoin has appreciated by 45% relative to the price on the day Reserve Bank of India pronounced it finished.

Read the original →

← Earlier death

“Last Chance to Buy Bitcoin Above $40,000”

Later death →

“Charlie Munger Compares Crypto To ‘Venereal Disease,’ Warns Of Inflation Danger”

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