"Why Bitcoin Is Worse Than A Madoff-Style Ponzi Scheme"

Published in Financial Times on 2021-12-22, "Why Bitcoin Is Worse Than A Madoff-Style Ponzi Scheme" declared Bitcoin dead or fundamentally doomed. The piece characterised Bitcoin as a fraudulent scheme with no underlying value, arguing it would inevitably collapse once new buyers dried up. Bitcoin was trading at $48,621 at the time of publication. Bitcoin reached all-time highs above $60,000 twice, fuelled by institutional adoption and the NFT boom.