"Bitcoin Has No Future Because Of Its Anonymity, SocGen CEO Says"
BTC_AT_TIME $7,119
Published in CNBC on 2017-11-07, "Bitcoin Has No Future Because Of Its Anonymity, SocGen CEO Says" 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 $7,119 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.