⸺ Obituary · August 10, 2017 ⸺

“All This Bitcoin Stuff Is Fake”

Splinter

Hamilton Nolan

“All these imaginary “digital currencies” are just made up fake things…. Laugh your haughty laugh all you want. Enjoy calling me ignorant. I have a burrito and all you have is “code.” Yeah—code for “idiot.””

Price at death

$3,445

Today

$61,577

Resurrection

×17.9

On 2017-08-10, Hamilton Nolan (Labor Writer, In These Times) declared Bitcoin dead via Splinter. Bitcoin was trading at ~$3,445 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on August 10, 2017, when one Bitcoin traded for approximately $3,445. Since then, Bitcoin has appreciated by 17.9× relative to the price on the day Splinter pronounced it finished.

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