There are a couple of things we can say for sure about Bitcoin, it isnt and cannot be a functional currency if it suffers from wild swings in value, the single defining feature of a useable currency is stability, they may go up or down a few points over a month or a year but wild rapid swings make long term contracts or pricing impossible, they force users to either use their saving rapidly if the value drops or hoard their money if it goes up making it unusable practically
I suspect that there will be a successful crypto currency on its way but it will be useless as an investment, it will have to have some method to expand and possibly contract in order to maintian stability, it will effectivly be fiat in nature, it will also have to not use power the way Bitcoin does as the power consumption of bit mining is absurdly high for its function, that's the second thing we can say for sure, Bitcoins power consumption is an immense problem for its survival.
The other thing that is certain is Bitcoins value right now isnt based on anything other than hope, it does not function as an investment aught to, shares in Boeing go up when people buy their planes, they go down when their planes crash or an order is cancelled, there is no causative event for bitcoin other than peoples hopes driving the price either up or down right now
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