"Bitcoin’s Fatal Flaw: The Limited Adoption Problem"
BTC_AT_TIME $11,467
Published in SSRN on 2019-08-06, "Bitcoin’s Fatal Flaw: The Limited Adoption Problem" declared Bitcoin dead or fundamentally doomed. The piece argued that regulatory intervention was inevitable and would prove fatal, pointing to government crackdowns or proposed legislation. Bitcoin was trading at $11,467 at the time of publication. Bitcoin briefly surged back to $13,000 before retreating to around $7,000, leaving many skeptics unswayed.