"1,000 Bitcoin Wallets Won't Replace One Financial Revolution"

Published in CoinDesk on 2016-03-26, "1,000 Bitcoin Wallets Won't Replace One Financial Revolution" 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 $417 at the time of publication. Bitcoin was staging a gradual recovery, with price action between $400 and $700 through most of the year.