Who doesn’t love a good obituary? A fitting end to a life well lived. Yet, even the best eulogies in the world lose their shine somewhat when the subject isn’t deceased. According to the latest data from Bitcoin Is Dead, the internet’s most comprehensive database tracking Bitcoin death declarations, the number-one digital asset has ‘died’ a mindblowing 431 times.
And if you had invested $100 each time, you’d have a whopping $118,739,991 today.
Schiff’s latest scathing critique likens the 2008 financial crisis from which Bitcoin was born to the 2025 economic climate, stating:
“Bitcoin was born out of the financial crisis of 2008. Ironically, the financial crisis of 2025 will kill it.”
Bitcoin Is Dead records every time Bitcoin has been pronounced “dead” by its critics since 2010. And it’s a long list, at 431 times.
Indeed, the phrase “Bitcoin is dead” has become something of a meme among the Bitcoin community, drawing on the barrage of premature obituaries issued every time the asset faces any headwinds.
Each fresh wave of doubts, whether sparked by market crashes, regulatory crackdowns, or technological issues, has aged incredibly badly, with Bitcoin rising like a veritable phoenix from the ashes every time, leaving its critics for dust.
Bitcoin’s resilience has become the stuff of legends, shaking off the harsh condemnations like water off a duck’s back, from concerns about volatility, energy consumption, and criminal use, to its lack of tangibility and ‘Ponzi scheme’ dynamics.
Bitcoin’s most vocal critic by far is Schiff, who has called curtains for Bitcoin on numerous occasions, labeling it everything from the “biggest bubble in history” to a flash in the pan. He said in February 2022:
“Bitcoin won’t be around a decade from now,”
Following in second place is Warren Buffett, who, despite calling Bitcoin a “gambling token” with “no intrinsic value” and even “rat poison squared,” has been notably more subdued in recent years; his latest public attack calling on Bitcoin’s demise was in 2023.
It’s unlikely he’ll become a Bitcoin cheerleader any time soon, if past obituaries are any guide, but even if the eulogies keep coming, so will Bitcoin.
