Even though Bitcoin (BTC) is becoming more popular and accepted in the mainstream, the skeptics have anticipated its demise many times since its inception nearly fifteen years ago, including on multiple occasions in 2023, despite its price recording a steady and bullish increase this year.
Indeed, noteworthy Bitcoin critics, all with thousands of followers, have pronounced the flagship decentralized finance (DeFi) asset ‘dead’ seven times in 2023, adding up to the total tally of 474 times so far, according to the data from the cryptocurrency market information platform 99bitcoins on December 25.
Bitcoin year-to-date (YTD) obituaries vs. price chart. Source: 99bitcoins
Bitcoin death declarations in 2023
Specifically, the author of the most recent eulogy is Chamath Palihapitiya, the founder and CEO of venture capital firm Social Capital and a former senior executive at Facebook (NASDAQ: META), who claimed the maiden cryptocurrency was dead on April 22, when it was trading at $27,818.
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