"Bitcoin Has ‘Nil’ Value"

Published in Bloomberg on 2021-01-22, "Bitcoin Has ‘Nil’ Value" declared Bitcoin dead or fundamentally doomed. The piece argued that Bitcoin's fundamental flaws — including volatility, scalability limitations, and lack of intrinsic value — made long-term survival unlikely. Bitcoin was trading at $33,019 at the time of publication. Bitcoin reached all-time highs above $60,000 twice, fuelled by institutional adoption and the NFT boom.