{"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":"2018-01-17-bitcoin-isnt-the-future-of-money","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":"2018-01-17-bitcoin-isnt-the-future-of-money","title":"Bitcoin Isn't The Future Of Money","quote":"Blockchain technology gives Bitcoin two crucial characteristics;— it can be exchanged peer-to-peer without the need for a trusted intermediary, and it lets transactions be anonymous. In both these ways, Bitcoin resembles physical cash. But whereas physical cash is the liability of a government, with a central bank controlling its value, Bitcoin is a liability of nobody. This is its fatal flaw as a currency. There’s nothing to stop its value from falling to zero.","person":"David Shipley","jobTitle":"Journalist, Bloomberg","publication":"Bloomberg","statementDate":"2018-01-17","bitcoinPriceUsd":11141.25,"addedOn":null,"updatedOn":null,"citationUrl":"https://bitcoindeaths.com/posts/2018-01-17-bitcoin-isnt-the-future-of-money","sourceUrl":"https://www.bloomberg.com/view/articles/2018-01-17/bitcoin-isn-t-the-future-of-money","archiveUrl":"https://web.archive.org/web/20180117181710/https://www.bloomberg.com/view/articles/2018-01-17/bitcoin-isn-t-the-future-of-money"}]}