Yes
@Punter786, I assume a lot of people completely disagree with me just like you do. I strongly believe that Bitcoin is likely to collapse on its own hype. My views are not based on Indian Media reports. In fact, there are barely any discussions about it on media channels. Just stating facts as they are. I know a few die-hard Bitcoin enthusiasts who are part of the crypto community here. One of them is the author of a book on Bitcoin too. It's too idealistic IMO. Easier said than done! Bitcoin is for holy grail to the currency problems that we face today. Fiat Monetary systems are inflationary whereas a gold/limit based monetary system is deflationary and has proven to be disastrous in the past. Just because the US Fed Chief or whoever said that unlimited money can be printed, it doesn't mean that it will be done in reality without facing dire consequences.
In theory, theory and practice are the same. In practice, they aren't.
You have right to predict the future of bitcoin. No problem on that. So many big economists, which include noble lauretes, have been writing the epitaph of Bitcoin each year from its birth 11 year ago. It has fallen and even collapsed in the past many times but has always managed to rise from ashes like phoenix. The idea and thinking behind bitcoin is too profound, too attractive, and completely feasible - it will never die.
Regarding my disagreements with you, it was on what you were saying about government views. The final view on cryptocurrency is still pending, one committee has submitted its views, SC has yet to announce its verdict. Govt does not consider it as legal tender but at the same time it is not calling it illegal!! The too are very subtle and different things, hope you get that.
Secondly, what you wrote regarding bitcoin, the things against it is usually the stuff I read in pink press - based on simplistic understanding and assumptions.
They completely disregards the facts, like you, that BTC is legal in many advanced countries. So many reputed US funds are trading in it. It is going to have its ETF and futures market soon.
BTC is not a product of anger or born to take revenge. Its central theme must not be missed: decentralised, controlled by none, produced in fixed amount. How can a thing which will be unlimited have any value! Big scam.