Why This Well-Funded Startup Just Gave Up On Bitcoin. Bitcoin Obituary #102

Obituary #102 · · Bitcoin at $764
“Circle is bailing on bitcoin altogether. The company announced on Wednesday it is focusing on other things, and that its bitcoin customers can cash out or else transfer their accounts to another company, Coinbase, if they wish to keep buying and selling the cryptocurrency. The move is not entirely surprising as the hype around bitcoin subsided long ago, and the digital currency remains a niche product for speculators or for clandestine online transactions.”
After the last word

A little perspective.

Bitcoin on that day$763.90December 7, 2016
$100 at that price$9,895At our latest price check

Illustrative value using a Bitcoin price of $75,585, checked Nov 6, 2026, 8:41 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.

??? appears in 23 recorded obituaries. 23 declarations were recorded in 2016.

Keep the receipt.

Bitcoin Is Dead. “Why This Well-Funded Startup Just Gave Up On Bitcoin” — ???, Fortune, December 7, 2016. Bitcoin: $763.9. https://bitcoindeaths.com/posts/2016-12-07-why-this-well-funded-startup-just-gave-up-on-bitcoin

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