ALIVE

ARTICLE

"Reality Check For Cryptocurrency: Bitcoin Is A Scam Which Will Only End In Tears"

BTC_AT_TIME $47,589

Published in Daily Mail on 2021-12-29, "Reality Check For Cryptocurrency: Bitcoin Is A Scam Which Will Only End In Tears" 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 $46,471 at the time of publication. Bitcoin reached all-time highs above $60,000 twice, fuelled by institutional adoption and the NFT boom.


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