"Bitcoin's Greater Fools Go Into Hiding"

Published in Bloomberg on 2018-06-15, "Bitcoin's Greater Fools Go Into Hiding" 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 $6,411 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.