2022

‘Bitcoin Is Dead As Predicted’ – Seeking Alpha | $19,987.03

By Uri Shalev

Last Updated: Nov 18, 2024

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bitcoin obituary
Disclaimer Icon
Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

The founder of Terra, Do Kwon, who was at the center of the LUNA collapse controversy said of his Terra stablecoin:

“I still believe that decentralized economies deserve decentralized money – but it is clear that $UST in its current form will not be that money.”

As the dust settled on Mr Kwon’s dream, at least he had the foresight to understand that the project had lost investors’ trust and a shot at mass adoption. We can now say the same about many other crypto projects and I believe Bitcoin is no different.

Eulogy made by Kevin George

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Uri Shalev
Uri Shalev
Crypto Writer

Uri Shalev studied Psychology at the University of Haifa. With a keen interest in cryptocurrency and disruptive tech, Uri has a breadth of experience in digital marketing and SEO. Read More

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