"Bitcoin Will Never Be Considered A Currency"
BTC_AT_TIME $48,315
Published in Twitter on 2021-09-18, "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 $48,315 at the time of publication. Bitcoin reached all-time highs above $60,000 twice, fuelled by institutional adoption and the NFT boom.