⸺ Obituary · December 7, 2017 ⸺

“Bitcoin Boom May Be A Disaster For The Environment”

CNN

John Quiggin

Photo: John Quiggin (CC0), via Wikimedia Commons

“The CME futures may institutionalize bitcoin, which would be disastrous [for the environment].”

Price at death

$16,858

Today

$62,500

Resurrection

×3.7

On 2017-12-07, John Quiggin (Professor, University of Queensland) declared Bitcoin dead via CNN. Bitcoin was trading at ~$16,858 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on December 7, 2017, when one Bitcoin traded for approximately $16,858. Since then, Bitcoin has appreciated by 3.7× relative to the price on the day CNN pronounced it finished.

Read the original →

← Earlier death

“Greenspan Compares Bitcoin To Colonial America Currency That Eventually Became Worthless”

Later death →

“A New Gold? Bitcoin Is More Like The Beanie Baby Bubble”

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