"Bitcoin’s A Joke, But There Is Serious Money To Be Made"

Published in Yahoo Finance on 2018-01-29, "Bitcoin’s A Joke, But There Is Serious Money To Be Made" 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 $11,158 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.