Craig Wright said a "fatal flaw" would kill bitcoin by the end of 2019
A new year is upon is and guess what, bitcoin didn't die.
That may not sound like that big of a deal, but it does go against a prophecy the self-proclaimed bitcoin creator Craig Wright made back in November of 2018.
His exact words when discussing bitcoin and this "fatal flaw":
"There won’t be any BTC by the end of next year.”
Looks like the self proclaimed bitcoin creator got this one wildly wrong.
Why did he make this claim?
At the time, Wright was likely trying to make investors panic and move over into his fork of bitcoin, BSV.
He was saying that BSV was the real bitcoin and that it would go on a meteoric rise that takes prices up over $1,200 by the end of 2019.
By that time he said, there will be no BTC.
The interesting thing about bitcoin is that not only is it not dead, it was the best performing asset in 2019.
Check it out:
(Source:
It just about doubled the returns of the second best performing asset for all of last year.
That doesn't really look like something that is dying or about to die to me.
The dark side of predictions...
We as humans love to make predictions and prophecies, but the bad thing about predictions is that eventually they are either proven right or proven wrong.
And if they are proven to be wildly wrong, sometimes we gotta eat some crow.
Enjoy your crow Mr. Wright, you certainly should be eating some!
Stay informed my friends.
-Doc