"Bernanke Thinks Bitcoin Will Fail (But He Likes Blockchain)"
BTC_AT_TIME $5,640
Published in Fortune on 2017-10-16, "Bernanke Thinks Bitcoin Will Fail (But He Likes Blockchain)" declared Bitcoin dead or fundamentally doomed. The piece argued Bitcoin was heading to zero, citing the absence of intrinsic value and the impossibility of sustaining its price without underlying fundamentals. Bitcoin was trading at $5,640 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.