TEB2048 on Nostr: “Personally I’m very skeptical of bitcoin, I know where the price action is. ...

“Personally I’m very skeptical of bitcoin, I know where the price action is. It’s, you know, going up about 10% a day at this point. Although bitcoin could go up to 20,000, it can go to 30,000. It’s on it’s way to zero — somewhere between zero and 200. It’s a utility token for criminals, terrorists, money launderers, tax evaders — they’ll always find some use for it.”

From Economist Jim Rickards on gold versus bitcoin — intrinsic value is meaningless for both but the bitcoin prices aren't real | BitcoinObituaries.com
https://99bitcoins.com/bitcoin-obituaries/2017/economist-jim-rickards-bitcoin-versus-gold-price-manipulation/