According to Warren Buffet, and Dave Ramsey, it’s a scam.
According to Michael Saylor, and Julian Figueroa, it’s a nuclear powered cyber network time dilation wormhole hornet electro thermal energy money that’s the epitome of all humanity.
But LETS BE REAL
Bitcoin is slowing down.
The Hype is dead, the grifters grifted.
It’s no longer a doge doge, where you can just pump, and dump.
It’s become an asset, albeit a speculative, and volatile one but less so over time.
It’s not going to power your retirement, it unfortunately probably won’t replace fiat as much as we’d like it to.
The Banks control it, and probably will cause a hard fork that will turn it into a corporate state approved CBDC.
And The Jack Mallers, Michael Saylors, Matthew Kratters of the world will dance, and jump in joy since they get their Bitcoin USDt bags pumped by Daddy Fink, and Trump.
Bitcoin is Both Overvalued Garbage, and The Most Valuable tool ever made.
My realistic thoughts on Bitcoins current value is that it’s drastically overvalued.
To me Bitcoin’s intrinsic current day value is closer to $50,000 to $75,000, and would cap out near $250,000 at the top then gradually rise with inflation.
