"Billionaire Investor Says Bitcoin Is Headed For $0, Which Is Very Far From The Moon"
BTC_AT_TIME $30,818
Published in Gizmodo on 2021-07-20, "Billionaire Investor Says Bitcoin Is Headed For $0, Which Is Very Far From The Moon" 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 $29,801 at the time of publication. Bitcoin reached all-time highs above $60,000 twice, fuelled by institutional adoption and the NFT boom.