[AggregateThreat]

I am not a cryptocurrency cult member
bitcoin may eventually go to zero, but will run like crazy before that
if you believe in the power of the Fed to inflate, this is also an inflation hedge
yes I agree, no inherent value, but tell that to the billions of dollars flowing in to it right now

[Gen.Blather]

“...no inherent value, but tell that to the billions of dollars flowing in to it right now...”

I see the madness of crowds and smell the heady scent of tulips.

[neefer]

"bitcoin may eventually go to zero, but will run like crazy before that"

It takes a lot of processing power to mine Bitcoin. It's done in Iceland and China. I was tempted to buy into Bitcoin late, but what happens when it's too expensive to mine? New blockchain technology doesn't need as much processing power.