It is. It's a new asset class that can't be ignored. All assets crash. Look at real estate in 2008. Real estate is as solid as an asset can be yet we saw what h

It is. It's a new asset class that can't be ignored. All assets crash. Look at real estate in 2008. Real estate is as solid as an asset can be yet we saw what happened in 2008. As far as fraud, that's one of the curses of finance. If money is involved there will always be someone that wants to steal it. It happens with all asset classes. The idea that you can create your own coin and become a rich person is probably gone but Bitcoin and Ethereum are here to stay. But like everything it won't go up forever but 100 years from now they will still be an asset you can buy and sell.