{"name":"Bitcoin Is Dead","attribution":"Source: Bitcoin Is Dead (https://bitcoindeaths.com)","totalObituaries":482,"matched":1,"returned":1,"query":{"search":"","year":"","person":"","publication":"","sort":"newest","slug":"2011-07-13-why-bitcoin-will-fail-as-a-currency","limit":5},"notes":"statementDate is the original publication date; addedOn is when the record entered this archive. Historical prices are USD snapshots, not investment returns. Inclusion records criticism, not a verdict that every claim is false.","terms":"https://bitcoindeaths.com/terms","documentation":"https://bitcoindeaths.com/data#lookup","records":[{"slug":"2011-07-13-why-bitcoin-will-fail-as-a-currency","title":"Why Bitcoin Will Fail As A Currency","quote":"Although I think that Bitcoin is ingenious and fascinating in many ways, I don’t believe that it will succeed as a currency. The problem is that a Bitcoin is unlikely to ever be a good store of value (a primary function of any widely accepted currency) because the (eventually) fixed money supply will cause the purchasing power of a Bitcoin to be extremely volatile.","person":"calcinv","jobTitle":"???","publication":"The Calculating Investor","statementDate":"2011-07-13","bitcoinPriceUsd":13.95,"addedOn":null,"updatedOn":null,"citationUrl":"https://bitcoindeaths.com/posts/2011-07-13-why-bitcoin-will-fail-as-a-currency","sourceUrl":"http://www.calculatinginvestor.com/2011/07/13/thoughts-on-bitcoin/","archiveUrl":"https://web.archive.org/web/20110717165419/http://www.calculatinginvestor.com:80/2011/07/13/thoughts-on-bitcoin/"}]}