{"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":"2013-04-05-why-bitcoin-is-doomed-to-fail","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":"2013-04-05-why-bitcoin-is-doomed-to-fail","title":"Why Bitcoin Is Doomed To Fail","quote":"The very reasons why Bitcoin has taken off today will be major reasons why its value is likely to collapse tomorrow. . . . [dramatic price instability] will cause the ultimate failure of the Bitcoin experiment. . . . Bitcoin will fail because a small number of hoarders control most of the supply.","person":"Alex Planes","jobTitle":"Writer, The Motley Fool","publication":"Chron","statementDate":"2013-04-05","bitcoinPriceUsd":142.32,"addedOn":null,"updatedOn":null,"citationUrl":"https://bitcoindeaths.com/posts/2013-04-05-why-bitcoin-is-doomed-to-fail","sourceUrl":"https://www.chron.com/business/fool/article/Why-Bitcoin-Is-Doomed-to-Fail-4413416.php","archiveUrl":"https://web.archive.org/web/20161211040951/http://www.chron.com:80/business/fool/article/Why-Bitcoin-Is-Doomed-to-Fail-4413416.php"}]}