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Explore the fascinating rise and fall of BASIC, the programming language that once dominated the computer industry and ran on virtually every machine. Delve into the historical significance of this mainstream language that everyone used everywhere before its sudden decline from prominence. Examine the language's fundamental characteristics, including its notorious use of GOTO statements, and analyze both the strengths and weaknesses of BASIC and its various implementations. Discover Microsoft's pivotal role in BASIC's development and evolution, including exclusive insights into Bill Gates' assembly code. Investigate the factors that led to BASIC's loss of popularity and assess its current status in today's programming landscape. Consider whether modern languages like Java could face a similar fate as BASIC did decades ago. This comprehensive 52-minute conference talk from GeeCON 2024 by Jarek Ratajski is designed to be accessible to programmers of all levels, from beginners to seasoned professionals, offering valuable lessons about programming language evolution and industry dynamics.