It is true that the market can remain irrational longer than you can remain solvent, but it's also true that you can remain irrational longer than you can remain solvent.
Beyond that core value, do what you wish with it or not.
It's just a tech stack that has potential value, it is not the end all be all of value networking, or value-as-a-protocal but it's insanely useful in driving innovation in this space.
Forest from the trees and all that.
Yes, it will be around. But beyond the idea it represents, and the technological invention that is blockchain, there is no value. This is marketing and ideas you invest in.
>Doesn't know what PoE is and the value it's provided to businesses already, thinks he is an expert on how it has no value.
You might want to look that up before you say silly things. I'm curious to see the goal post moving you are about to do.
As I said, use it or don't, just because you can't doesn't mean others are wrong lol
Planned economies haven't worked. Market economies have some clear inefficiencies and potentials for destabilizations. Applying data transparency and tracking to a market economy using supply chain blockchains has the potential to enable more decentralized planning to build better options.
Bitcoin had a market cap of $1.2 trillion in November. That becomes harder to sustain when quantitative easing is slowing, when the fed funds rate is slowly rising with indications of it rising more in this year if inflation is where it is etc.
It's the problem of all successful Ponzi schemes - eventually they grow too big and implode.