On the contrary, we are about to start the second wave of things. The next wave will be an order of magnitude larger than the last, and this will continue until Bitcoin and blockchain has disrupted the vast majority of current industries.

You sound like an Internet hater after it failed to find a killer app besides email for most of the mid-90s.

Then, in 2000, as Pets.com was imploding, no doubt you would've dusted off this consistent criticism: "I am sure that internet stocks are worth many thousands of dollars and I am sure that there are people putting together new scams, however, the word on the street and by the watercooler is that internet stocks are passe. People have moved on."

Ten years later, the stock market is dominated by tech stocks.

If your criticism was based on actual knowledge, I'd give you credit, but it sounds like you have no idea what you're talking about, and you're using derision as an excuse not to educate yourself.

Indeed, I think $8500 per Bitcoin is a bargain. Come check with me in a year.