⸺ Obituary · March 23, 2014 ⸺
“Bitcoin Is Dead — Long Live Bitcoin”
— VICE News, Taylor Owen
“This combination of encryption, mining, and decentralized verification makes Bitcoin potentially powerful and difficult to control, but governments do have tools at their disposal that could make it all but impossible for Bitcoin to become widely adopted. . . . And so Bitcoin may very well die.”
Price at death
$561
Today
$73,577
Resurrection
×131
On 2014-03-23, Taylor Owen (Writer, Vice) declared Bitcoin dead via VICE News. Bitcoin was trading at ~$561 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on March 23, 2014, when one Bitcoin traded for approximately $561. Since then, Bitcoin has appreciated by 131× relative to the price on the day VICE News pronounced it finished.