"The Bitcoin Delusion"
BTC_AT_TIME $63,288
Published in The Spectator on 2021-11-07, "The Bitcoin Delusion" 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 $63,288 at the time of publication. Bitcoin reached all-time highs above $60,000 twice, fuelled by institutional adoption and the NFT boom.