bitcoin will never crash, like TFM says. yes, it is a bubble. yes, it has no intrinsic value. but younger milenials, gen-z, gen-a.. it is "their thing". it's like american dollar. it has absolutely no value and is backed up by absolutely nothing, but the world has mutual understanding that this is what we use, even if it is just a piece of paper that is being printed ad infinitum. the people give it the value. and so it does not have to have intrinsic value to be valuable to people.
@Justicar My nephew prefers hawk tuah coin, it is technologically superior to bitcoin, it's not mainstream yet, it has cheaper fees and has a lot more upside than a 100k generic bitcoin.
@Zeb @Justicar why people talk about bitcoin but never mention ethereum that should be more useful than bitcoin.
Everything that is used have value. If people stop using it then it will have no value.
Like paper newspapers. They are easily printed and now basically worthless while few decades you needed to buy it.
Same will happen to many resource when we start to mine it in space. When we will have so many that their price will hit rock bottom.
