"Bitcoin Is A Ponzi"
BTC_AT_TIME $23,133
Published in Twitter on 2020-12-18, "Bitcoin Is A Ponzi" 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 $23,133 at the time of publication. Bitcoin weathered a COVID-driven March crash before surging to new highs near $30,000 by year-end.