Who doesn’t love a good obituary? An end worthy of a well-being life. However, even the best compliments in the world lose their glow when subjects are not dead. The number one digital asset has been “dead” 431 times, according to the latest data from Bitcoin, the Internet’s most comprehensive database that tracks Bitcoin death declarations.
And if you invested $100 each time, you’d have a whopping $118,739,991 today.
Peter Schiff is the top of Bitcoin critics’ rankings
Bitcoin was first declared dead in October 2010 when it was trading for around 11 cents by underground economists.
Since then, the list of Bitcoin critics has continued to grow to include legendary value investors like Norielle Rubini, Warren Buffett, and well-known economists like everyone’s favorite gold bug, Peter Schiff.
Schiff’s latest poignant critique comes from the 2008 financial crisis that was born into the 2025 economic situation, saying:
“Bitcoin was born out of the 2008 financial crisis. Ironically, the 2025 financial crisis will kill it.”
Bitcoin is dead (again)
Bitcoin is a record of the deaths of Bitcoin every time it was declared “dead” by critics since 2010. And that’s a long list of 431 times.
In fact, the phrase “Bitcoin is dead” has become something of a meme among the Bitcoin community, based on a barrage of early obituaries published every time assets face headwinds.
Whether it was caused by a market crash, regulatory oppression, or technical issues, each fresh wave is aged so badly, with Bitcoin rising from the ashes like a true Phoenix each time, leaving critics in the dust.
Professor Kenneth Rogoff, a former chief economist at the International Monetary Fund (IMF), recently admitted that his 2018 forecast that Bitcoin could drop to $100 than it would rise to $100,000, has been far from the mark.
Bitcoin’s elasticity has become a legendary rocking harsh criticism like water from duck’s backs, from concerns about volatility, energy consumption and criminal use to its lack of concreteness and the “ponzi scheme” dynamics.
Bitcoin critic rankings
Bitcoin’s most vocal critic is the far more vocal Sif. He has called Bitcoin curtains many times, labeling everything from “the biggest bubble in history” to a flash of bread. He said in February 2022:
“Bitcoin hasn’t been around for about 10 years now.”
Warren Buffett is in second place. Warren Buffett has been repressed in recent years despite calling Bitcoin a “gambling token” with “essential valueless” and “a square of rat poison.” His latest public attack on the end of Bitcoin Mise was in 2023.
Despite his highly publicized rant about Bitcoin, Jamie Dimon narrowly misses scooping up third place, calling everything from crime tools to valueless ponges. Even Dimon’s scathing attacks are cooled down as JPMorgan expands its suite of Bitcoin and crypto-related services.
If his past obituary is a guide, he is unlikely to become a Bitcoin cheerleader anytime soon, but even if he receives compliments, so does Bitcoin.