⸺ Obituary · December 13, 2025 ⸺
“Bitcoin Had No Value”
— X (Twitter), T. Rabi Sankar
“[Bitcoin] had no value, either intrinsic or as a promise to pay. It was not money. The price of Bitcoin today does not represent value in the same way money has value. This value is purely speculative, like the price of a tulip during the tulip mania...”
Price at death
$90,299
Today
$73,405
Decline
-19%
On 2025-12-13, T. Rabi Sankar (Deputy Governor, Reserve Bank of India) declared Bitcoin dead via Twitter. Bitcoin was trading at ~$90,299 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on December 13, 2025, when one Bitcoin traded for approximately $90,299. Bitcoin remains below its price on the day of this declaration — for now.