"Bitcoin Will Likely Be Replaced By A New Technology"
BTC_AT_TIME $8,783
Published in Twitter on 2019-05-27, "Bitcoin Will Likely Be Replaced By A New Technology" declared Bitcoin dead or fundamentally doomed. The piece dismissed Bitcoin while acknowledging blockchain technology, arguing the underlying network was the real innovation and Bitcoin itself was dispensable. Bitcoin was trading at $8,783 at the time of publication. Bitcoin briefly surged back to $13,000 before retreating to around $7,000, leaving many skeptics unswayed.