"Bitcoin Is An Environmental Disaster And Could Bring The Internet To A Halt, Study Says"

Published in South China Morning Post on 2018-06-18, "Bitcoin Is An Environmental Disaster And Could Bring The Internet To A Halt, Study Says" declared Bitcoin dead or fundamentally doomed. The piece focused on Bitcoin's enormous energy consumption, arguing that the environmental cost made it unsustainable and a target for regulatory crackdown. Bitcoin was trading at $6,709 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.