Bitcoin has died 166 times, so far
And what is the point? Does the price prove that bitcoin has not failed?<p>To me, bitcoin died sometime in 2013 when mining became hopelessly centralised, breaking the economic and security models Satoshi had set forth. The bitcoin thereafter has been a soulness Frankenstein animated by a mixture of ego, greed, and hubris. I don&#x27;t want to make any predictions, but when the crash comes it will be over before you knew it.<p>As for the wider field of blockchain&#x2F;DLT, it bears an uncanny parallel to the early days of nuclear physics when radioactivity was first discovered by the Curies: The science behind it was be sound, yet any benefit to mankind was overshadowed by the cottage industry selling radioactive snake oil for a long time before the mania died down. And people died when basic precautious were not taken.<p>It may work down the road and it may not, but right now all I see is woo in every direction.