ALIVE

ARTICLE

"Why bitcoin is fool’s gold"

BTC_AT_TIME $16,731

Published in The Week on 2017-12-12, "Why bitcoin is fool’s gold" declared Bitcoin dead or fundamentally doomed. The piece challenged Bitcoin's narrative as a store of value or digital gold, arguing it lacked the stability and track record needed for that role. Bitcoin was trading at $16,731 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.


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