"Why I’m A Crypto Skeptic"
BTC_AT_TIME $7,727
Published in New York Times on 2018-07-31, "Why I’m A Crypto Skeptic" 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 $7,727 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.