Bitcoin ‘died’ 45 times in 2021 as media still eager to post BTC obituaries

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Bitcoin ‘died’ 45 times in 2021 as media still eager to post BTC obituaries
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How many times can Bitcoin come back from the dead? In 2021 the answer appeared to be 45, as doubters penned that many obituaries for the digital currency.

this year, global cryptocurrency naysayers were increasingly blasting BTC for its extreme volatility and potential risks.

” To qualify an obituary, the content should be produced by a person with a “notable following or a site with substantial traffic.”by Robert McCauley, an associate member of the faculty of history at the University of Oxford. In a Dec. 22 guest post for the Financial Times, McCauley argued that Bitcoin is “worse than a Madoff-style Ponzi scheme,” arguing that BTC holders “will have no one to pursue to recover” sums that they “paid the miners for their Bitcoin.

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