"Why Bitcoin Is Doomed as a Currency"

Published in Motley Fool on 2014-01-08, "Why Bitcoin Is Doomed as a Currency" declared Bitcoin dead or fundamentally doomed. The piece argued that Bitcoin failed as a functional currency due to extreme price volatility, slow transaction speeds, and limited merchant acceptance. Bitcoin was trading at $821 at the time of publication. Bitcoin was in a sustained bear market following the Mt. Gox exchange collapse, which erased $400 million in customer funds.