"R.I.P. Bitcoin. It’s time to move on."
BTC_AT_TIME $382
Published in Washington Post on 2016-01-19, "R.I.P. Bitcoin. It’s time to move on." declared Bitcoin dead or fundamentally doomed. The piece argued that Bitcoin's fundamental flaws — including volatility, scalability limitations, and lack of intrinsic value — made long-term survival unlikely. Bitcoin was trading at $382 at the time of publication. Bitcoin was staging a gradual recovery, with price action between $400 and $700 through most of the year.