Fiat Reliant:

To some extent, Bitcoin depends on the dollar which is dying. Bitcoin and other cryptocurrencies helps people move money around from country to country. To some extent, Bitcoin has served as a transition.

New Dependency

In some ways, to some extent, Bitcoin should eventually find dependency on a gold-backed currency and/or etc, etc. The gold standard is very valuable. We are living in an economical bubble similar to that of the 1920's in some ways. Of course, things are not completely the same, specifically, but we live in dangerous times with fiat. So, cryptocurrencies serves as a mechanism for extracting value that has been declining in some ways. The value of the dollar has been going down. So, of course, if you buy Bitcoin with dollars, then that value will go up, long-term speaking.

Bitcoin to $50K?

I hope Bitcoin and other cryptos can go up to that and beyond. But you never know what might happen. I encourage people to only invest what they're willing to lose. Anything can happen, good and bad. Long-term investments into different things increases the odds that some of the investments will reap profits eventually. So, I wish them cryptos and blockchains and many things the best of luck. Bitcoin can become more independent as more people begin to use it.