Over 2023, the 99bitcoins education project has recorded seven cases of “virtual funerals.”
99bitcoins: Bitcoin has already been buried seven times since the beginning of the year
In total, 474 “obituaries about the failure, uselessness and untimely demise of VTS” were published regarding the first cryptocurrency in terms of capitalization, prepared and substantiated by quite eminent financial critics.
“Posthumous messages” addressed to VTS holders in 2023 were sent by: Chamath Palihapitiya, founder and CEO of venture capital firm Social Capital; Robin Brooks, chief economist at the Institute of International Finance (IIF); Harvey Jones of the U.K.’s Daily Express, JPMorgan Chase CEO Jamie Dimon, politician Peter Zeihan, TV host Jim Cramer and former SEC attorney John Reed Stark.
Summarizing the arguments of VTS critics, 99bitcoins specialists highlight several common theses inherent in each of the crypto asset’s opponents
