{"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":"2021-01-12-the-bitcoin-dream-is-dead","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":"2021-01-12-the-bitcoin-dream-is-dead","title":"The Bitcoin Dream Is Dead","quote":"Bitcoin’s recent 25% plunge illustrates why it will never be a true currency… The fact that Bitcoin has no intrinsic value (the way a stock or bond does) doesn’t mean it’s headed to zero. It just means that Bitcoin has become totally untethered from its original purpose. What was supposed to be a way to revolutionize people’s everyday financial lives is now mostly a way for people to get rich quick (or lose their shirts) or, in an ideal scenario, for people to protect their wealth against inflation. Bitcoin began as a cryptocurrency. It has ended as a cryptoasset.","person":"James Surowiecki","jobTitle":"Journalist","publication":"Medium","statementDate":"2021-01-12","bitcoinPriceUsd":34059.91,"addedOn":null,"updatedOn":null,"citationUrl":"https://bitcoindeaths.com/posts/2021-01-12-the-bitcoin-dream-is-dead","sourceUrl":"https://marker.medium.com/the-bitcoin-dream-is-dead-8b621d2d7dbd","archiveUrl":"https://web.archive.org/web/20210113210128/https://marker.medium.com/the-bitcoin-dream-is-dead-8b621d2d7dbd"}]}