{"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":"2013-06-26-why-bitcoin-will-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":"2013-06-26-why-bitcoin-will-fail","title":"Why Bitcoin Will Fail","quote":"The problem, as I see it, is that bitcoin only value is it’s medium of exchange, without any real effort. It is ripe for fraud and manipulation, but what fiat monetary system isn’t. The automatic systems of growth to a finite number of units along with the division into smaller increments are intended to eliminate the problems of past monetary failures but cannot control human nature. As the medium of exchange and perceived value increases, hording will occur.","person":"???","jobTitle":"???","publication":"DailyPaul.com","statementDate":"2013-06-26","bitcoinPriceUsd":104,"addedOn":null,"updatedOn":null,"citationUrl":"https://bitcoindeaths.com/posts/2013-06-26-why-bitcoin-will-fail","sourceUrl":"http://www.dailypaul.com/294793/why-bitcoin-will-fail","archiveUrl":"https://web.archive.org/web/20130808011618/http://www.dailypaul.com/294793/why-bitcoin-will-fail"}]}