Understand your point but don't fully agree...the 1's and 0's that makes up bitcoin is today's gold and silver and even future currency...we the people don't believe in the long term viability of continually printed paper currencies that aren't worth the ink thats on them...and gold and silver have lost their shine...first...they aren't scarce...just controlled...secondly this is no longer the wild west where we carry around gold nuggets to buy supplies...frankly...the government can't tell me what I wish to use to barter with...welcome to the computer age...and unless governments around the world decide to shut off the electricity or take down all the cell towers...this is a currency having no borders...its the peoples' currency...
RE: Why Cryptocurrencies will fail… eventually.