Is it just a fad? A ponzi scheme? Rat poison to be avoided at all costs?
It might be sensible to assume so. After all, there certainly are elements of the above to be found in bitcoin. And remaining sceptical offers protection against financial ruin.
So why hasn’t it collapsed yet? Why has the bitcoin bubble continued to inflate? And why, after 15 years, are intelligent people still promoting this new innovation?
The truth is, no one knows. Bitcoin, and its future, are a mystery. To enthusiasts, the question mark surrounding bitcoin is the cause of excitement and hope, to detractors, the cause of fear and derision.