I give an example of a crypto-Bitcoin expert/promoter who tries to explain why one should own cryptocurrencies including Bitcoin.Listen to the “arguments” - as they are revealing and cringe worthy. I don’t remember that the dot-com arguments in January 2000 were even half this silly.I give examples of how, in real daily life, normal people use payments and I show that there is no demand for crypto to improve on existing payments.I don’t know when crypto/Bitcoin will fall to their intrinsic value of $0, but I do predict that they will - some day, when the crowd suddenly sees that The Emperor has no clothes.In terms of an inflation hedge, I suggest that real assets are the sustainable way to play this role. Good examples include gold and silver.
