Bitcoin is essentially useless and will not function as a currency in its current form. As a store of value I guess digital gold is an apt description. Gold/Diamonds are useless as well and have a ton of value.
I don't own any Bitcoin but have a couple utility tokens in XRP & CSPR. Hopefully they pan out and provide real world value.
The ironic part of Bitcoin is how centralized it is. The mining and nodes are monopolized by a couple of entities. Not to mention the people who were championing Bitcoin as an alternative to government money are ecstatic that institutions are getting involved and traditional finance is moving in. The ideology that drew a lot of people to Bitcoin is being eroded. I think it will go to zero one day as blockchain moves forward and Bitcoin becomes the Netscape of the crypto world. Hopefully a bunch of people get rich first!
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