Bitcoin survived the site that first announced its " death»

Bitcoin survived the site that first announced its " death»


To date, the "death" of bitcoin has been announced by mainstream media 380 times, but the first cryptocurrency is not only still alive, but also survived the very site that first predicted its decline.

This was noticed by the CEO of the British cryptocurrency exchange Danny Scott:18a080900ffb343c7fc5a77b72eb4f74bb8c1360f1b50f3cee88509ef5c9fcee.jpeg

 

We are talking about the website Underground Economist, which predicted the death of bitcoin on December 8, 2010, when it cost $0.23.

"The only thing that has kept bitcoin alive for so long is its novelty. It will either remain in this novelty status, or it will die faster than you can blink," the publication wrote at the time.

Now the underground economist has gone offline, although the article itself can be found in the archive. And bitcoin continues to live and is preparing for a third half reduction, or, as this event has already been dubbed in the community, "quantitative tightening".

According to 99bitcoins, this year the first cryptocurrency also managed to be declared "dead" once — in early March, the Governor of the Bank of England, Andrew Bailey, warned investors that they need to be prepared for the loss of money, since bitcoin has no intrinsic value.


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