I’ve long been skeptical about cryptocurrency and anything closely related to it. Don’t get me wrong, the tech is definitely cool and has its uses, but the idea that a decentralized system could store value, without any government interference is wishful thinking to me. As Benjamin Franklin once said: “the only two certainties in life are death and taxes”.
For serious “stores of value” the fluctuation in the price of crypto is just too large. Besides: is there any “real” value to crypto (other than as a speculative asset)? But hey, why sit here and read my arguments if you can watch this excellent documentary by Folding Ideas, clearly laying out why what we’re seeing is a good old bubble.