ALIVE

ARTICLE

"Cryptocurrency is Dead"

BTC_AT_TIME $11,357

Published in Finextra on 2020-08-28, "Cryptocurrency is Dead" declared Bitcoin dead or fundamentally doomed. The piece argued that Bitcoin failed as a functional currency due to extreme price volatility, slow transaction speeds, and limited merchant acceptance. Bitcoin was trading at $11,357 at the time of publication. Bitcoin weathered a COVID-driven March crash before surging to new highs near $30,000 by year-end.


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