⸺ Obituary · February 28, 2025 ⸺
“BTC Has No Value”
— X (Twitter), Anatoly Yakovenko
“Btc has no value. In the best light it’s insurance. Based on my lifetime priors there is a 1% chance a superpower will collapse any given year. It’s worth it for me to spend 1% of my wealth on some asset that might not go to zero in that environment. It’s not an investment, it’s a cost, and there is no guarantee it will work. It’s as good at doing that at $100k as it is at $10k. If it works, it has very little to do with technology outside of the initial innovation that happened 15 years ago.”
Price at death
$84,373
Today
$73,405
Decline
-13%
On 2025-02-28, Anatoly Yakovenko (Co-founder, Solana) declared Bitcoin dead via Twitter. Bitcoin was trading at ~$84,373 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on February 28, 2025, when one Bitcoin traded for approximately $84,373. Bitcoin remains below its price on the day of this declaration — for now.