⸺ Obituary · May 31, 2019 ⸺
“The Bitcoin Scam”
— Tribune, Alex Sobel
“Despite the utopian claims of its proponents, Bitcoin is a right-wing nightmare which facilitates tax evasion, money laundering and environmental degradation.”
Price at death
$8,545
Today
$73,525
Resurrection
×8.6
On 2019-05-31, Alex Sobel (British Politician) declared Bitcoin dead via Tribune. Bitcoin was trading at ~$8,545 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on May 31, 2019, when one Bitcoin traded for approximately $8,545. Since then, Bitcoin has appreciated by 8.6× relative to the price on the day Tribune pronounced it finished.