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Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future.
Bitcoin, the world’s largest cryptocurrency by market capitalization, is no stranger to criticism from economists, politicians, bankers and investors.
Since its launch in 2008, Bitcoin (BTC) has been subject to countless hateful and skeptical reviews, with some critics calling it a scam or prophesying that Bitcoin is poised to go to zero.
As Bitcoin has grown and matured in the past few years, some critics have reinvented themselves as Bitcoin lovers, while others have dialed back their reasons for disliking the cryptocurrency.
The apology was wrapped in a “sorry, not sorry” tone as FT Alphaville’s city editor said the firm still stands by “every single one of those posts.”
FT Alphaville — a daily news commentary service created by the Financial Times — has been slammed on X after issuing a spiteful apology to Bitcoiners as the asset soared to $100,000 on Dec. 5.
The op-ed — published on the same day — was seen as a tongue-in-cheek apology to those who chose not to invest in Bitcoin (BTC) since FT’s first article on June 6, 2011, when Bitcoin was trading at $15.90.
”We’re sorry if at any moment in the past 14 years you chose based on our coverage not to buy a thing whose number has gone up. It’s nice when your number goes up,” said Bryce Elder, city editor of FT’s op-ed section, Alphaville.