"The Bitcoin ‘Pyramid Scheme’ Continues To Collapse"

Published in New York Post on 2018-11-26, "The Bitcoin ‘Pyramid Scheme’ Continues To Collapse" declared Bitcoin dead or fundamentally doomed. The piece characterised Bitcoin as a fraudulent scheme with no underlying value, arguing it would inevitably collapse once new buyers dried up. Bitcoin was trading at $3,761 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.