"Bitcoin Mania Has Clear Parallels To The Spread Of Infectious Diseases According To Barclays"

Published in Business Insider on 2018-04-10, "Bitcoin Mania Has Clear Parallels To The Spread Of Infectious Diseases According To Barclays" 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 $6,831 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.