⸺ 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
$73,594
Resurrection
×21.4
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 21.4× relative to the price on the day Splinter pronounced it finished.