⸺ Obituary · April 19, 2024 ⸺
“What Is Bitcoin Halving – And Will It Affect The Price?”
— The Guardian, Carol Alexander
“It will probably go above the all-time high but in the long run its value will be zero because there is no intrinsic value in bitcoin whatsoever. It’s simply a speculative asset.”
Price at death
$65,482
Today
$73,405
Resurrection
×1.1
On 2024-04-19, Carol Alexander (Professor of Finance, University of Sussex) declared Bitcoin dead via The Guardian. Bitcoin was trading at ~$65,482 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on April 19, 2024, when one Bitcoin traded for approximately $65,482. Since then, Bitcoin has appreciated by 12% relative to the price on the day The Guardian pronounced it finished.