"Bitcoin Is Fundamentally Worthless"
BTC_AT_TIME $22,812
Published in Seeking Alpha on 2020-12-17, "Bitcoin Is Fundamentally Worthless" declared Bitcoin dead or fundamentally doomed. The piece argued Bitcoin was heading to zero, citing the absence of intrinsic value and the impossibility of sustaining its price without underlying fundamentals. Bitcoin was trading at $22,812 at the time of publication. Bitcoin weathered a COVID-driven March crash before surging to new highs near $30,000 by year-end.