"A Decade From Now, Bitcoin Is More Likely To Be $100 Than $100,000, Harvard Economist Says"

Published in CNBC on 2018-03-05, "A Decade From Now, Bitcoin Is More Likely To Be $100 Than $100,000, Harvard Economist Says" 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 $11,573 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.