⸺ Obituary · March 16, 2021 ⸺
“Cryptocurrencies - They’ll Die”
— X (Twitter), Steve Miller
“Cryptocurrenies - A product of government malfeasance... These are false currencies, man made, another fiat. They have been given value by speculation caused be central bank unlimited printing & adoption of MMT... Government will have to kill them, just as India is doing. They’ll die”
Price at death
$56,922
Today
$73,594
Resurrection
×1.3
On 2021-03-16, Steve Miller (Trader) declared Bitcoin dead via Twitter. Bitcoin was trading at ~$56,922 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on March 16, 2021, when one Bitcoin traded for approximately $56,922. Since then, Bitcoin has appreciated by 29% relative to the price on the day X (Twitter) pronounced it finished.