Bitcoin “death” predictions in 2023 significantly reduced
Bitcoin “death” predictions in 2023 significantly reduced
According to CryptoPotato, educational website 99 Bitcoins has been documenting “Bitcoin death announcements” since 2010. This year, the project has tracked just seven articles predicting Bitcoin’s imminent demise. The number fell this low for the first time since 2012.
This year’s “death notice” authors include early Facebook investor Chamath Palihapitiya and J.P. Morgan CEO Jamie Dimon. Palihapitiya said on his All In podcast: "Cryptocurrency is dead in the United States." Dimon said on CNBC's "Squawk Box" show: "Bitcoin is a hyped scam." However, Bitcoin is on the verge of gaining U.S. The Securities and Exchange Commission approved the launch of ETF products. The development has breathed new life into the crypto market and shows that U.S. courts and regulators do not consider Bitcoin to be a fraud.
According to CryptoPotato, educational website 99 Bitcoins has been documenting “Bitcoin death announcements” since 2010. This year, the project has tracked just seven articles predicting Bitcoin’s imminent demise. The number fell this low for the first time since 2012.
This year’s “death notice” authors include early Facebook investor Chamath Palihapitiya and J.P. Morgan CEO Jamie Dimon. Palihapitiya said on his All In podcast: "Cryptocurrency is dead in the United States." Dimon said on CNBC's "Squawk Box" show: "Bitcoin is a hyped scam." However, Bitcoin is on the verge of gaining U.S. The Securities and Exchange Commission approved the launch of ETF products. The development has breathed new life into the crypto market and shows that U.S. courts and regulators do not consider Bitcoin to be a fraud.