"Bitcoin—The Andromeda Strain Of Computer Science Research"

Published in Columbia University on 2017-12-30, "Bitcoin—The Andromeda Strain Of Computer Science Research" 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 $12,630 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.