"Digital currencies are the future of money, but bitcoin probably isn’t the ultimate winner"
BTC_AT_TIME $11,082
Published in Investmentnews on 2018-01-25, "Digital currencies are the future of money, but bitcoin probably isn’t the ultimate winner" declared Bitcoin dead or fundamentally doomed. The piece argued that Bitcoin failed as a functional currency due to extreme price volatility, slow transaction speeds, and limited merchant acceptance. Bitcoin was trading at $11,082 at the time of publication. Bitcoin crashed more than 80% from its late 2017 peak, with critics pointing to the burst of the speculative bubble.