⸺ Obituary · January 6, 2017 ⸺

“Bitcoin Will Never Be A Currency—It’s Something Way Weirder”

Wired

Cade Metz

“But don’t let that big number fool you: this strange and controversial technology is no closer to becoming a mainstream currency. …Bitcoin is not something the average person will ever use to buy and sell stuff, they say, particularly in the US and other Western countries. The world just doesn’t need a dedicated digital currency.”

Price at death

$896

Today

$61,577

Resurrection

×68.7

On 2017-01-06, Cade Metz (Technology Correspondent, The New York Times) declared Bitcoin dead via Wired. Bitcoin was trading at ~$896 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on January 6, 2017, when one Bitcoin traded for approximately $896. Since then, Bitcoin has appreciated by 68.7× relative to the price on the day Wired pronounced it finished.

Read the original →

← Earlier death

“Bitcoin Passes $1,000 But Only Number That Matters Is Zero”

Later death →

“Bitcoin Is A Bubble We’ve Seen Before”

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