"Colapso Das Criptomoedas Expõe O Vazio De Promessa Libertária (Cryptocurrency Collapse Exposes Void Of Libertarian Promise)"
BTC_AT_TIME $30,298
Published in Globo on 2022-05-18, "Colapso Das Criptomoedas Expõe O Vazio De Promessa Libertária (Cryptocurrency Collapse Exposes Void Of Libertarian Promise)" 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 $30,298 at the time of publication. Bitcoin fell sharply amid interest rate hikes and the spectacular collapse of the FTX exchange and the Terra/Luna ecosystem.