It is an asset and not a currency. People holding it want the price of it to go as high as possible. There is no incentive to have a stable currency when peopl

It is an asset and not a currency. People holding it want the price of it to go as high as possible. There is no incentive to have a stable currency when people are still wanting to buy into the hype and liquidity is still there to dump it. I don't think it is a true Ponzi scheme but I definitely think people mistreat it.