BTC will die. A graceful death. It's is the first steam powered vehicle which replaced the horse drawn carriage.
It will go down in history as a pioneer.
But bitcoin itself, (neither a coin nor made of gold) is worthless as medium of exchange.. What does have real value is the block chain it sits on.
Block chain is the future as it has utility for many things.
Like all ponzi schemes, you never know it's a ponzi until you've lost it all and look back in hindsight.
But just like the casino, you won't stop people gambling on it.
It will go down in history as a pioneer.
But bitcoin itself, (neither a coin nor made of gold) is worthless as medium of exchange.. What does have real value is the block chain it sits on.
Block chain is the future as it has utility for many things.
Like all ponzi schemes, you never know it's a ponzi until you've lost it all and look back in hindsight.
But just like the casino, you won't stop people gambling on it.
No God, No fear.
Know God, Know fear.
Know God, Know fear.