"Bitcoin Will NEVER Be Considered A Currency"
BTC_AT_TIME $39,490
Published in Twitter on 2021-07-27, "Bitcoin Will NEVER Be Considered A Currency" declared Bitcoin dead or fundamentally doomed. The piece argued that Bitcoin failed as a functional currency due to extreme price volatility, slow transaction speeds, and limited merchant acceptance. Bitcoin was trading at $39,490 at the time of publication. Bitcoin reached all-time highs above $60,000 twice, fuelled by institutional adoption and the NFT boom.