⸺ Obituary · August 7, 2023 ⸺
“The Bitcoin Skeptic: Why Bitcoin Will Never Replace Fiat Currency”
— CCN, Lawrence Meyers
“Bitcoin is, frankly, for suckers in the long term.”
Price at death
$29,181
Today
$73,594
Resurrection
×2.5
On 2023-08-07, Lawrence Meyers (Journalist) declared Bitcoin dead via CCN. Bitcoin was trading at ~$29,181 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on August 7, 2023, when one Bitcoin traded for approximately $29,181. Since then, Bitcoin has appreciated by 2.5× relative to the price on the day CCN pronounced it finished.