Bitcoin Outlives Website First To Prophesize Its Death
Published in
1 min readMay 12, 2020
The “death” of Bitcoin since its inception has been announced several hundred times by the media, however, the first cryptocurrency was not only still alive, but also survived the very site that first predicted its sunset. It’s about the Underground Economist website, which predicted Bitcoin’s death on December 8, 2010, when it cost $ 0.23.
Now, Underground Economist has gone offline, although the article itself can be found in the archive. And Bitcoin continues to live and is preparing for the third halving.
This year, the first cryptocurrency was also once declared “dead — in early March, Bank of England manager Andrew Bailey warned investors that they needed to be prepared for the loss of money, since bitcoin has no intrinsic value.
