Bitcoin News Today: 431 Death Wishes Can't Kill Bitcoin's Resilience

Bitcoin has been declared dead a total of 431 times since 2010, according to the latest data from the Bitcoin Is Dead database, a crowdsourced record of prominent critics who have publicly dismissed the cryptocurrency’s future. Each time the asset has been pronounced defunct—often following market downturns, regulatory challenges, or technological setbacks—it has continued to endure and even thrive, defying the forecasts of its detractors. For example, if an investor had placed a $100 bet every time Bitcoin was declared dead, the total value of those investments would have grown to approximately $118.74 million by now [1].

The most frequent critic of Bitcoin is economist Peter Schiff, who has declared the cryptocurrency dead on 18 separate occasions. Schiff, a long-time advocate for gold and critic of digital assets, has described Bitcoin as “the biggest bubble in history” and recently linked its potential demise to a financial crisis in 2025 [1]. Warren Buffett, another well-known skeptic, trails behind with eight such declarations, including his infamous 2018 characterization of Bitcoin as “rat poison squared.” JPMorgan CEO Jamie Dimon, who once called Bitcoin a “fraud,” has also contributed to the list, though his criticisms have grown less frequent in recent years amid the expansion of JPMorgan’s crypto-related services [1].

The persistence of Bitcoin in the face of these repeated pronouncements highlights its resilience and growing institutional acceptance. Harvard professor Kenneth Rogoff, a former IMF chief economist, recently acknowledged that his 2018 prediction—that Bitcoin would likely fall to $100—was far off the mark, underscoring the difficulty of forecasting the asset’s long-term trajectory [1]. Despite concerns about volatility, energy consumption, and regulatory scrutiny, Bitcoin has continued to attract both retail and institutional interest, with companies now holding over 5% of its total supply, according to a recent report [1].

Bitcoin’s critics often argue that its lack of intrinsic value and association with speculative trading make it unsustainable. However, the cryptocurrency has repeatedly bounced back from sharp declines, with its current price hovering near $112,316, down slightly from its all-time high of $124,457 in August 2025 [2]. The debate over Bitcoin’s future remains deeply philosophical, as reflected in recent commentary by Jack Dorsey, co-founder of Twitter. In a YouTube video, Dorsey framed the Bitcoin-Ethereum debate as a generational choice between a world prioritizing decentralization and security (Bitcoin) or one emphasizing speed and innovation (Ethereum) [3].

While Bitcoin’s detractors continue to issue obituaries, the cryptocurrency shows no signs of disappearing. Its critics may have declared it dead 431 times, but each time the market has proven them wrong. As the digital asset continues to evolve, the question is not whether it will survive—but whether it will eventually be accepted as a legitimate store of value and medium of exchange in the global financial system. For now, the data suggests the death knell for Bitcoin has yet to sound.

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[1] The latest data from Bitcoin Is Dead dropped this week (https://cryptoslate.com/the-latest-data-from-bitcoin-is-dead-dropped-this-week-bitcoin-has-died-no-less-than-431-times/)

[2] Not Warren Buffett, this is the real king of 'Bitcoin is dead' club (https://www.thestreet.com/crypto/markets/not-warren-buffett-this-is-the-real-king-of-bitcoin-is-dead-club)

[3] Jack Dorsey Says There's Only One Way To Choose Between ... (https://finance.yahoo.com/news/jack-dorsey-says-theres-only-123727966.html)