“Bitcoin is only a creative computerized fiction”
Someone who gets it.
Another one: “You can’t value Bitcoin because it’s not a value-producing asset”.
Gold is desirable for its beauty and usefulness in manufacturing. There will be demand for gold until the Sun expands and burns the Earth to a crisp. Although you can’t eat gold, you can’t eat money either.
The manufacturing demand for gold is roughly 2000 tonnes for jewelry and 1000 tonnes for bars and coins. Manufacturing uses very little. Gold mining produces 2400 tonnes. The difference is made up by melting unwanted jewelry. The gold economy is pretty constant so the gold price is fairly stable.
With the cryptocurrencies the trading is very thin. The demand far exceeds the supply which very tightly controlled. So instead of bitcoin people have created forks of bitcoin and various other currency chains. The bubble in alt-coins far exceeds the bitcoin bubble and is growing much faster. That the writer didn't mention it shows how clueless he is. These bubbles have a long long way to go.