"Cryptocurrencies Will Be The Architects Of Their Own Demise"
BTC_AT_TIME $2,805
Published in Rusi on 2017-07-28, "Cryptocurrencies Will Be The Architects Of Their Own Demise" 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 $2,805 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.