Most posts I see are in the affirmative and euphoric with very few critically evaluating crypto or it's hero Bitcoin.

I like to be the devils advocate and invert things as the great Charlie Munger would do. I might be far far short of Charlie with all due respect to him.

With less than 20M in circulation, many lost and #BTC being the first crypto. it is seen to be popular among a few whales, institutions and one or two governments.

As it goes, it will get centered around a few people as a store of wealth, and begin to be of very little value to most people as lesser and lesser people will begin to own it. it might surge in value while it's being collected. but, eventually is will render no value to many investors and those who have it could be stuck with a white elephant.

Currently the only reason it's Holding up is, it was the first, fractional transactions, a bit of acceptance and the irracional nature of investors. Once the fractions dry up the case weakness and it could take a different turn.

For a crypto to hold, it has to have adequate supply and circulation, be among a large Group of people and have a solid utility and gradually become legal Tender. #Bitcoin is weak in all aspects.

These are just my personal thoughts and would be happy to be schooled by an expert.