"Bitcoin's Fundamental Value Is Zero"
BTC_AT_TIME $55,762
Published in Twitter on 2021-02-19, "Bitcoin's Fundamental Value Is 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 $55,762 at the time of publication. Bitcoin reached all-time highs above $60,000 twice, fuelled by institutional adoption and the NFT boom.