⸺ Obituary · December 27, 2013 ⸺
“Bitcoin Is Evil”
— The New York Times, Paul Krugman
“Bitcoin is evil… so far almost all of the Bitcoin discussion has been positive economics—can this actually work? And I have to say that I’m still deeply unconvinced.”
Price at death
$747
Today
$73,484
Resurrection
×98.4
On 2013-12-27, Paul Krugman (Economist) declared Bitcoin dead via The New York Times. Bitcoin was trading at ~$747 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on December 27, 2013, when one Bitcoin traded for approximately $747. Since then, Bitcoin has appreciated by 98.4× relative to the price on the day The New York Times pronounced it finished.