⸺ Obituary · January 5, 2018 ⸺

“The Bitcoin Revolution Isn’t Coming. Here’s Why”

South China Morning Post

David Dodwell

“But bitcoin and the like have the feel to me of beta-versions of the Model T Ford in the early days of motor cars. Fine for proof of concept, but too problem-laden to be useful to most of humanity.”

Price at death

$16,937

Today

$62,500

Resurrection

×3.7

On 2018-01-05, David Dodwell (Investor) declared Bitcoin dead via The South China Morning Post. Bitcoin was trading at ~$16,937 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on January 5, 2018, when one Bitcoin traded for approximately $16,937. Since then, Bitcoin has appreciated by 3.7× relative to the price on the day South China Morning Post pronounced it finished.

Read the original →

← Earlier death

“Investor Who Called Last Two Major Market Crashes Says Bitcoin Is A Bubble”

Later death →

“The Guardian View On Cryptocurrencies: A Greater Fool’s Gold”

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