"Bitcoin is Worth Exactly Zero"

Published in Seeking Alpha on 2021-01-05, "Bitcoin is Worth Exactly Zero" 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 $33,992 at the time of publication. Bitcoin reached all-time highs above $60,000 twice, fuelled by institutional adoption and the NFT boom.