Have you seen that MIT technology review explaining 3 ways to destroy Bitcoin ? It is from a month ago.
Well I won't discuss that, but briefly, imo they have too much imagination, for real, it's all biased.
So basically, even with this news the prices went up from about 7k at the time to the prices that are now. I learned that Bitcoin prices usually fluctuate due to bad news, but I started to follow prices only this year. What kind of news would make the prices decrease ? Anyone remembers one ?
In any investment field, like stocks, bad news always sends prices dumping. Crypto is just more sensitive to that due to the nature of the community.
For MIT, their post is pretty troll. They say that Fedcoin, Facebook, and ToyotaCash (among other coins) will destroy bitcoin :/....
I dunno what they study over there, but it's probably junk LOL. Given that FB recently went down in flames.
But anyway we might as well blame twitter for being able to destroy btc too. inb4 TwitCoin