"Black Swan" Author Slams Bitcoin as a Fad"
BTC_AT_TIME $27,721
Published in U on 2023-08-29, "Black Swan" Author Slams Bitcoin as a Fad" 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 $27,721 at the time of publication. Bitcoin began recovering from 2022 lows, climbing from $16,000 back toward $45,000 by year-end.