When you have billions in investment money via ETFs pouring in, I think you might want to remove the blinders and admit that its likely here to stay.
The utility of it means nothing. The only thing that matters is what value does the market place it at.
Right now its $100k CDN. Next week it might be $50k CDN. Does that make it a ponzi scheme? Perhaps you should go read what a ponzi scheme is.
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