Bitcoin, like any other similar currency is mother of all bubbles (Roubini), rat poison (Buffet), solution in search of a problem (Paul Krugman), a greater fool’s investment (Bill Gates), fraud (Jamie Dimon)….
While block chain technology is genuine, bitcoin and alike are temporary fads.
Limited money supply is a recipe for financial disaster as much as too much of supply.
The day there is really a world crisis, God forbid, no one will give a coin against bitcoin. Gold is trusted by billions since centuries. US is too early into bitcoin and China not too late.
We are heading for spectacular world chaos in coming years IMO
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