"Sell All Crypto And Abandon All Blockchain"

Published in FT Alphaville on 2018-04-13, "Sell All Crypto And Abandon All Blockchain" declared Bitcoin dead or fundamentally doomed. The piece argued that regulatory intervention was inevitable and would prove fatal, pointing to government crackdowns or proposed legislation. Bitcoin was trading at $7,889 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.