“Bitcoin does not yet have enough users to continue its survival. . . . it will go the way of laser discs and eight-track tapes.”
Megan McArdle, Economics Writer, Bloomberg · Bitcoin since: +14,422%
As published by Bloomberg
A little perspective.
Bitcoin on that day$534.71February 25, 2014
$100 at that price$14,522At our latest price check
Illustrative value using a Bitcoin price of $77,652, checked Oct 31, 2026, 5:31 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Megan McArdle appears in 2 recorded obituaries. 24 declarations were recorded in 2014.
Keep the receipt.
Bitcoin Is Dead. “Mt. Gox Meltdown Spells Doom For Bitcoin” — Megan McArdle, Bloomberg, February 25, 2014. Bitcoin: $534.71. https://bitcoindeaths.com/posts/2014-02-25-mt-gox-meltdown-spells-doom-for-bitcoin