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No, I think there is a natural limit - eventually you have enough people burned by the scams, crashes, hacks etc. who will keep away, to the point that you don'
by stephen_g 4y ago
No, I think there is a natural limit - eventually you have enough people burned by the scams, crashes, hacks etc. who will keep away, to the point that you don't have enough new entrants to put enough money in to have continuing growth.
Unless there was an actual crypto economy, but at this point, there's not much more than speculation.
- guerrilla 4y agoTrue, pyramid schemes always have an upper limit since they depend on people not already knowing about them.
- dorkwood 4y agoNew people come into existence all the time, though. The kids of today will be the adoptees of tomorrow. We will never run out of new blood.
- mattwilsonn888 4y agoThinking you can lump together the centralized scams and true crypto (of which Bitcoin is clearly the winner) forever will get you burned. The excited laymen will certainly be turned off as they make that same mistake in thinking, but the narrative will change and I can promise you nobody hates the scammers and grifters more than the 'crypto community' themselves.