$TOOB
The original 2010 "Obituary": "Why Bitcoin Cannot Work" Date: 15 December 2010 The Underground Economist The argument: When Bitcoin was worth just about $0.23 cents, an economics blog published the first article declaring his death. The author argued that the Satoshi Nakamoto currency could never be a stable medium of exchange because it was not backed by anything and that its value would inevitably fall to zero. The ironic twist: Today, that "currency that could not work" has reached all-time highs, leaving that article as the official start of the list of failed prophecies.
