⸺ Obituary · February 9, 2016 ⸺
“Nick Weaver On Why You Should Sell Your Bitcoin”
— The Lawfare Podcast, Nicholas Weaver
“Nick walks Ben through what exactly Bitcoin is, answering whether the platform is really a financial opportunity of historic proportions, the massive criminal problem law enforcement officials have suggested, or something else entirely: a waste of everyone’s time and money. He also outlines some of the design flaws he sees in Bitcoin and why those flaws, which many in the Bitcoin community view as important features, will actually lead to the platform’s eventual downfall.”
Price at death
$373
Today
$73,554
Resurrection
×197
On 2016-02-09, Nicholas Weaver (Professor, UC Berkeley) declared Bitcoin dead via The Lawfare Podcast. Bitcoin was trading at ~$373 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on February 9, 2016, when one Bitcoin traded for approximately $373. Since then, Bitcoin has appreciated by 197× relative to the price on the day The Lawfare Podcast pronounced it finished.