bitcoinsdead
⸺ Obituary · October 2, 2017 ⸺

“Larry Fink Says Cryptocurrencies Show Level of Money Laundering”

Bloomberg
Larry Fink
“Bitcoin just shows you how much demand for money laundering there is in the world.”
Price at death
$4,404
Today
$61,577
Resurrection
×14.0

On 2017-10-02, Larry Fink declared Bitcoin dead via Bloomberg. Bitcoin was trading at ~$4,404 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on October 2, 2017, when one Bitcoin traded for approximately $4,404. Since then, Bitcoin has appreciated by 14.0× relative to the price on the day Bloomberg pronounced it finished.

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