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You can argue that so far they have been right, in that no bad news has really "killed" Bitcoin and there have been lots of "Bitcoin is Dead" predictions[1]. 1
by rawtxapp 5y ago
You can argue that so far they have been right, in that no bad news has really "killed" Bitcoin and there have been lots of "Bitcoin is Dead" predictions[1].
1: https://www.bitcoinisdead.org/ https://www.bitcoinisdead.org/
- jaredklewis 5y agoIt’s not a very strong argument. Whether the fall of Mt. Gox or China’s latest pronouncement was “good” for Bitcoin is fundamentally unknowable. Perhaps Bitcoin price and adoption would be even higher now if not for these events, we just don’t know. But we can’t just claim they were all good for Bitcoin just because none of them killed Bitcoin.
- rawtxapp 5y agoMtGox really hammered home the "not your keys, not your coins". China bans and unbans it every other week, people learn to ignore it. It's difficult to know what would have happened in a counterfactual world, but most bad news also had silver linings so far.