OK, shitting on MSM journos with _zero_ clue about bitcoin is an old gig, but still. How can somebody STILL IN 2023 state these things with a serious face?

- "The median fee leapt to more than $5 over the past week, even as transaction sizes plunged, **an insane cost to pay for something invented as a payment method.**"

- "Skeptics of bitcoin and other cryptocurrencies have had their prejudices reinforced. The **two main use cases—fraud and crime—have been exposed** to the public in dramatic fashion"

- Inflation-hedge BUSTED bc during 2021-23 monetary mismanaged BTC _fell_ in price.

- "Bitcoin has failed to live up to its original promise of being cheap online cash, but crypto keeps on reinventing itself. It’s so technically satisfying that it must be the solution to something, but quite what remains a mystery."

What a schmuck.

https://www.wsj.com/finance/currencies/binance-guilty-plea-shows-what-cryptos-really-about-f84200a3