{"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":"2021-11-07-the-bitcoin-delusion","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":"2021-11-07-the-bitcoin-delusion","title":"The Bitcoin Delusion","quote":"In the absence of its use as a currency, though, the only thing supporting the value of crypto is the expectation that there’s always going to be someone else who’ll pay to take it off your hands. You’re betting, essentially, on being the last person holding the bomb before it goes off. With Squid coins, most people could see the wires sticking out and smell the cordite (let’s not even talk about the similarly ill-fated cryptocurrency Monkey Jizz). Bitcoin is heavy, shiny and attractive. But if you hold it right up to your ear, deep inside, I think you can hear something ticking.","person":"Sam Leith","jobTitle":"Editor, The Spectator","publication":"The Spectator","statementDate":"2021-11-07","bitcoinPriceUsd":63287.79,"addedOn":null,"updatedOn":null,"citationUrl":"https://bitcoindeaths.com/posts/2021-11-07-the-bitcoin-delusion","sourceUrl":"https://www.spectator.co.uk/article/the-bitcoin-delusion","archiveUrl":"https://web.archive.org/web/20211108074432/https://www.spectator.co.uk/article/the-bitcoin-delusion"}]}