"Bitcoin Will Never Be A Currency—It’s Something Way Weirder"

Published in Wired on 2017-01-06, "Bitcoin Will Never Be A Currency—It’s Something Way Weirder" 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 $896 at the time of publication. Bitcoin was in the midst of an extraordinary bull run, rising from $1,000 to nearly $20,000 by December.