"Bitcoin Is an Incredibly Dirty Business"
BTC_AT_TIME $32,255
Published in Bloomberg on 2021-01-25, "Bitcoin Is an Incredibly Dirty Business" 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 $32,255 at the time of publication. Bitcoin reached all-time highs above $60,000 twice, fuelled by institutional adoption and the NFT boom.