⸺ Obituary · December 27, 2013 ⸺

“Bitcoin Is Evil”

The New York Times

Paul Krugman

Photo: The White House (public domain), via Wikimedia Commons

“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

$61,577

Resurrection

×82.5

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 82.5× relative to the price on the day The New York Times pronounced it finished.

Read the original →

← Earlier death

“Bitcoin Will Crash To $10 By Mid-2014”

Later death →

“One Thing You Can Bank On: The Bitcoin Currency Is Doomed”

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