This is a prediction.
Too many rich people use it to hide wealth and do other illegal shit
Which is insane if you know anything about the public ledger.
Also Bitcoin is still the entry point for buying a lot of other cryptocoins, so it’s not likely to go down unless the entire market goes down.
Public ledger means nothing when you launder the coins
Just because you have lots of money doesn’t mean you’re smart
You can use block explorers to see what they use it for actually
Barring some quantum wizard math breaking the concept, or a state actor fully attacking the network, Bitcoin will never go to zero. It’s too deeply rooted at this point… even if it is a fucking obvious bubble, with nearly zero utility. It had severe shortcomings as a currency you can spend, even before it stumbled ass-backwards into line-go-up gambling, and became too volatile to ever show up in a price sticker. But the fact is - it’s an established commodity. These tulip bulbs will neither rot nor bloom. A bunch of rich assholes just need something to gamble on, and gold is harder to find than computers.
Might still crater by an order of magnitude and somehow ruin everything. It’s just not going away, entirely, unless crypto as a concept goes with it.
