ALIVE

ARTICLE

"The Brutal Truth About Bitcoin"

BTC_AT_TIME $40,536

Published in New York Times on 2021-06-14, "The Brutal Truth About Bitcoin" 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 $40,536 at the time of publication. Bitcoin reached all-time highs above $60,000 twice, fuelled by institutional adoption and the NFT boom.


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