Bitcoin has mostly gone „up and to the right” for much of its existence, with its price climbing from essentially zero to as high as $60,000 in under a decade. The original cryptocurrency is now one of the largest currencies in the world, and in its short lifespan has become one of the most profitable assets of all time.
Despite this growth, Bitcoin’s detractors have long argued that it’s only a matter of time before it collapses back to zero.
Former Bitcoin Cash proponent Calvin Ayre stated in July 2020 that Bitcoin is worthless, while Berkshire Hathaway CEO Warren Buffett told CNBC that he views all cryptocurrencies (Bitcoin included) as worthless. (Buffett’s business partner Charlie Munger has called Bitcoin „rat poison” and „turds.”)
hahaha….and many likely will as BTC drops to zero since it is worthless unless it can scale and I don’t see this ever happening.
— Calvin Ayre (@CalvinAyre) July 14, 2020
But in recent months, there’s been a flood of institutional investment
Źródło: https://decrypt.co/41863/can-bitcoin-ever-become-worthless
