"Bitcoin Is A Delusion That Could Conquer The World"

Published in The Atlantic on 2017-11-30, "Bitcoin Is A Delusion That Could Conquer The World" 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 $9,917 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.