⸺ Obituary · October 20, 2025 ⸺
“The Bitcoin Time Bomb Is Ticking”
— UnHerd, John Rapley
“Beyond that, though, not much remains of Bitcoin’s early, idealistic vision. There was admittedly some democratisation, as over 50 million people bought Bitcoin — more if one includes people who’ve bought shares in funds that own Bitcoin. Yet it never managed to become an actual currency, being too cumbersome and volatile to be useful as a medium of exchange.”
Price at death
$108,667
Today
$73,405
Decline
-32%
On 2025-10-20, John Rapley (Author / Academic) declared Bitcoin dead via UnHerd. Bitcoin was trading at ~$108,667 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on October 20, 2025, when one Bitcoin traded for approximately $108,667. Bitcoin remains below its price on the day of this declaration — for now.