"Cryptocurrencies Will Eventually Prove To Be Worthless"

Published in MarketWatch on 2021-08-30, "Cryptocurrencies Will Eventually Prove To Be Worthless" 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 $47,055 at the time of publication. Bitcoin reached all-time highs above $60,000 twice, fuelled by institutional adoption and the NFT boom.