Bitcoin is hard money that provides freedom from debt-based slavery fiat monetary system ET nocoiner-haterz reject Bitcoin and crypto assets because they want to continue being IMF and WEF fiat c*ckold sex-slaves
Crypto, like cock fighting, slot machines and sexually transmitted disease will always be with us. It can be made illegal, but that only increases it's appeal to those already susceptible.
Crypto is all about Volatility is my take. GS is into it and doing well Goldman Sachs Finds Bitcoin Tops Gold, S&P 500, And Nasdaq As The Best-Performing Asset Of 2023 (forbes.com), they are not the only Big Boys getting into Crypto more.
I think that cryptocurrencies already have made themselves a solid place in the realm of financial transactions, securing data, fundraising, DAO's and other structures. I would not want to comment on the future prices of cryptocurrencies, they can go up or down not because more or less people realize their value, but because of the exogenous shocks and external forces. Another government could embark on a clampdown, could ban, arrest a few key guys in the industry that act as beacons of hope, an exchange or a hedge fund can get wiped down, we cannot foresee these things. But wherever the prices will be in the coming days or years, I think crypto will survive and be used as means of exchange. Can't say the same about being a storage of value though.
The interesting thing about Munger. I have every Buffett book out there in my library. Read through them all. Buffett would go over and over telling people never bet against America... don't invest in China, etc. Yet his partner seems to keep doing this and doubling down again and again on China. Something to ponder about!