CC (“Correction” Carnage) continues and it is not pretty. The true believers continue to chirp happily about how healthy this “correction” is for the market. The Crypyo Skeptics diagnose the long-awaited Burst Bubble .
But what if they are both wrong ? Maybe crypto currency is not a scam destined to crash and burn. Maybe it has or will have a use. Maybe it is here to stay. But maybe the hyperbolic predictions of its future have been flagrant overestimations . What if the true value of a Bitcoin is actually $43.37 and by 2031 this value will have rocketed to $134.89 ?
So it may be neither a complete bubble-bust nor a moonshot. Of course even if crypto currency turns out to be a poor financial investment, it still may effect all those positive changes that many predict . So maybe Bitcoin will release us from the tyranny of central banks and big government ...and at the same time stink as an investment.