From Skepticism to Sovereignty in the Crypto Era

From Skepticism to Sovereignty in the Crypto Era

 

In the volatile world of cryptocurrency, Bitcoin has transitioned from a fringe experiment to a potential global reserve asset, sparking fierce debates among intellectuals and investors. Nassim Nicholas Taleb, once an admirer, now lambasts it as a "tulip bubble without aesthetics," while critics like Nouriel Roubini and Paul Krugman echo warnings of fraud and instability. Yet, proponents such as Michael Saylor and Senator Cynthia Lummis champion it as "digital gold," with the U.S. establishing a Strategic Bitcoin Reserve in 2025 holding over 207,000 BTC valued at $19-30 billion. Institutions like BlackRock and MicroStrategy (now Strategy Inc.) dominate holdings, amassing billions amid $175 billion in ETF inflows this year. The pendulum swings bullish, driven by sovereign adoptions and projections of Bitcoin reaching $200,000-500,000 by 2030. Ethereum solidifies as the programmable backbone for DeFi and RWAs, while altcoins like Solana, XRP, BNB, Cardano, and Sui emerge as key players in scalability, payments, and innovation. This essay explores these dynamics, weaving expert views, data, and future outlooks into a narrative of crypto's maturation.

 

Bitcoin's journey begins not in the gleaming halls of Wall Street, but in the shadowy recesses of cyberspace, born from Satoshi Nakamoto's 2008 whitepaper as a peer-to-peer electronic cash system amid the global financial crisis. Fast-forward to December 2025, and Bitcoin trades around $92,000, a staggering ascent from its humble origins, yet one marred by epic volatility—peaking at $126,000 in October before a 32% correction. This rollercoaster has drawn sharp critiques, none more acerbic than from Nassim Nicholas Taleb, the philosopher of uncertainty whose "Black Swan" framework once seemed tailor-made for Bitcoin's disruptive potential.

Taleb's opinion on Bitcoin has undergone a dramatic reversal, emblematic of the broader intellectual schism in crypto discourse. In the mid-2010s, he praised it effusively, writing the foreword to Saifedean Ammous's "The Bitcoin Standard" in 2018, where he lauded it as "the beginning of something great: a currency without a government, something necessary and imperative." He saw in Bitcoin an antifragile antidote to fiat debasement, aligning with his theories on systems that thrive on disorder. Yet, by 2019-2020, disillusionment set in, fueled by Bitcoin's failure as everyday money and its volatility during crises like the COVID-19 market crash. In his 2021 "Bitcoin Black Paper," Taleb mathematically argued its value is zero, stating, "Bitcoin can neither be a short-term or long-term store of value, cannot operate as a reliable hedge against inflation." He likened it to the 1637 Dutch tulip mania, quipping, "It is a tulip bubble without the aesthetics and disguised as a 'currency', hence it is as irrational to buy." Taleb's disdain extends to its community, calling Bitcoin a "detector of imbeciles" and a "speculative bubble" that attracts cults and conspiracy theorists. In 2022, he dubbed it a "market tumor" spawned by the Fed's easy money, warning, "Bitcoin's a market 'tumor' thanks to Fed's easy money." Even in 2025, Taleb mocks it as "a gimmick" resembling a Ponzi scheme, emphasizing its volatility: "It's too volatile to be an effective currency." His critiques, rooted in fat-tailed risks, highlight Bitcoin's fragility to regulatory shocks or obsolescence, yet they contrast sharply with his earlier enthusiasm, earning him accusations of being a "bitter flip-flopper."

BITCOIN Act of 2025: Overview The Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act of 2025 (S. 954 in the Senate; H.R. 2032 in the House) is a bipartisan-backed legislative proposal aimed at codifying and expanding President Donald Trump's March 2025 Executive Order (EO 14100) establishing the U.S. Strategic Bitcoin Reserve (SBR). Reintroduced in the 119th Congress, it seeks to integrate Bitcoin (BTC) into U.S. financial strategy as a store of value, hedge against inflation and national debt, and tool for global economic leadership. Sponsored by Sen. Cynthia Lummis (R-WY) in the Senate and Rep. Nick Begich (R-AK) in the House, the bill builds on Lummis's original 2024 version, which stalled in the prior session. As of December 5, 2025, the bill remains active but has not passed into law. It advanced through the Senate Banking Committee's Subcommittee on Digital Assets in July 2025 but awaits full Senate floor action and a House vote. Recent momentum includes endorsements from industry leaders like Michael Saylor and state-level BTC reserve adoptions (e.g., New Hampshire, Texas), with X discussions tying it to BTC's current dip near $92K as a "buy the dip" opportunity for federal accumulation. Key Provisions The Act outlines a structured approach to BTC acquisition, management, and utilization, emphasizing transparency, security, and budget neutrality. Here's a breakdown: Provision Details Strategic Bitcoin Reserve Establishment Codifies the SBR under the U.S. Department of the Treasury, centralizing all federal BTC holdings (e.g., ~207,000–326,000 BTC from seizures like Silk Road). Requires decentralized, secure vaults with top-tier physical/cybersecurity; includes protocols for forks, airdrops (5-year retention), and blockchain-audited ownership. Bitcoin Purchase Program Authorizes acquiring up to 1 million BTC (~5% of total supply) over 5 years (200,000 BTC/year starting FY 2025). Excess holdings allowed via non-purchase means (e.g., forfeitures, gifts, state transfers to segregated accounts). No direct taxpayer funding; offset by first $6 billion annually from Federal Reserve remittances (2025–2029) or gold revaluation swaps. Hold and Utilization Rules BTC locked for 20 years minimum, except for national debt retirement or emergencies (congressional approval required). Prohibits sales exceeding 50,000 BTC in any 2-year period to avoid market disruption. Enables BTC as collateral for debt securitization or infrastructure funding. Transparency and Reporting Mandates quarterly Treasury reports on holdings, transactions, and ownership proofs. Amends the Federal Reserve Act to include BTC in Special Drawing Rights (SDR) basket alongside gold and foreign exchange. Requires annual audits and public dashboards for accountability. Amendments to Existing Laws Updates the Internal Revenue Code for BTC tax payments; integrates BTC into Community Reinvestment Act (CRA) for banking incentives; adds BTC to IMF SDR calculations for international reserves. Sponsors and Co-Sponsors Senate Lead: Sen. Cynthia Lummis (R-WY), Chair of the Senate Banking Subcommittee on Digital Assets. House Lead: Rep. Nick Begich (R-AK). Co-Sponsors (Senate): Sens. Jim Justice (R-WV), Tommy Tuberville (R-AL), Roger Marshall (R-KS), Marsha Blackburn (R-TN), Bernie Moreno (R-OH)—all Republicans emphasizing debt reduction and innovation. Support: Backed by the Bitcoin Policy Institute, Strategy (formerly MicroStrategy), and figures like Saylor, who called it a path to "U.S. digital supremacy." Status and Timeline Introduction: Senate version (S. 954) introduced March 11, 2025, and referred to the Senate Banking Committee. House companion (H.R. 2032) introduced same day. Committee Action: Advanced in Senate subcommittee July 2025; full committee markup pending. Current Stage: No floor votes yet; bicameral reconciliation needed. Lummis has pushed for passage by Q1 2026, tying it to Trump's "crypto capital" agenda. Recent Developments: On December 3, 2025, Lummis posted on X about "₿ig things coming," interpreted as SBR updates amid BTC's rebound. Community buzz links it to potential December 23 passage (echoing the 1913 Federal Reserve Act anniversary), with calls to "pass @SenLummis' BITCOIN Act." Objectives and Rationale Economic Goals: Addresses $36T+ national debt by leveraging BTC's scarcity and appreciation potential (e.g., VanEck models project $88B value for 5% holdings). Positions U.S. as first developed nation with BTC savings tech, mirroring gold reserves (~8,133 tons). Geopolitical Aims: Enhances USD competitiveness against BRICS de-dollarization; fosters innovation by unlocking institutional inflows ($175B+ in 2025 ETFs). Lummis's Vision: "This is our Louisiana Purchase moment... securing lasting prosperity." Begich added: "We must lead—not follow—in this digital revolution." Criticisms and Challenges Skepticism: Democrats (e.g., Rep. Maxine Waters) call it "non-essential" and volatile; a University of Chicago survey found zero economist support for BTC reserves reducing risks. Feasibility: Relies on Fed remittances, which could fluctuate; no new buys under current EO limits action to seized assets. Market Impact: Brief BTC dips post-introduction, but bulls see it driving $120K+ prices via supply shock. If passed, the Act could transform BTC from speculative asset to sovereign staple

 

Taleb is not alone in his skepticism; a cadre of prominent voices amplifies his warnings, forming a chorus of establishment doubt. Economist Nouriel Roubini, dubbed "Dr. Doom" for foreseeing the 2008 crisis, has been relentless, calling Bitcoin a "bubble, a fraud, a Ponzi scheme, and a scam" since 2018. In 2023-2025, he reiterated, "Crypto is worthless," post-FTX collapse, sharing Taleb's paper as reference. Nobel laureate Paul Krugman, in his New York Times columns, dismisses it as "evil" for energy waste and hype, stating, "Bitcoin thrives not on value, but on vulnerability - preying on the uninformed." He calls it a "libertarian fever dream" amplifying inequality. Gold advocate Peter Schiff labels it a "greater fool's scam" headed to zero, noting, "Bitcoin's economic teachings inadvertently drove investments, creating an 'unintended consequence' paradox." Warren Buffett, the Oracle of Omaha, famously quipped, "Bitcoin is probably rat poison squared," viewing it as non-productive gambling. JPMorgan CEO Jamie Dimon echoes, "Bitcoin is a fraud and Ponzi scheme for money launderers," urging bans while admitting blockchain's potential. Former Treasury Secretary Larry Summers warns of systemic risks, calling for stricter oversight post-FTX: "Bitcoin is a speculative bubble with no social value." Billionaire Howard Marks admits initial skepticism, questioning its intrinsic value: "It's speculative without earnings." These critics substantiate their views with data like Bitcoin's 70%+ crashes in 2022-2023 and energy consumption rivaling small countries, arguing it amplifies risks rather than hedging them.

Yet, for every detractor, there's a fervent advocate, turning the debate into a high-stakes intellectual arena. Michael Saylor, Executive Chairman of Strategy Inc. (formerly MicroStrategy), views Bitcoin as the "ultimate reserve asset," superior to cash: "Bitcoin enables economic freedom for corporations and nations." His firm holds 640,000 BTC worth $59 billion, up 500%+ since 2020 pivots. Senator Cynthia Lummis champions a U.S. reserve, stating, "This is our Louisiana Purchase moment... securing lasting prosperity." ARK Invest's Cathie Wood forecasts $650,000 by 2030, emphasizing deflationary nature: "Bitcoin could reach $1.5M in a bull case." Mike Novogratz of Galaxy Digital predicts $1 million long-term: "Bitcoin's scarcity amid $118B Q3 2025 inflows positions it as a macro hedge." Tim Draper sees $250,000 by 2025 end: "Bitcoin as a digital reserve currency." Balaji Srinivasan declares it "already the global reserve asset" for liquidity. Pierre Rochard emphasizes fixed issuance: "Bitcoin's hedge against debasement." These voices counter with data: $35 billion ETF inflows in 2025, 70% long-term holder supply, and U.S. legislation signaling maturity.

On balance, the pendulum swings toward bullish adoption, despite December 2025's dip to $86,000-92,000 amid $3.5 billion ETF outflows and Fear & Greed Index at 26. This "mid-cycle reset" mirrors past cycles, with on-chain metrics like +5% in 8+ year UTXOs showing conviction. Institutional momentum—$175 billion in ETPs, up 169% YoY—drives it, per Chainalysis. Sovereign pushes, like Lummis's BITCOIN Act, amplify: "The wisest thing for USD stability." Forecasts cluster at $95,000-116,000 by year-end, $200,000+ in 2026.

Major institutions underscore this shift, holding 1.6 million BTC (8% supply) worth $156 billion. BlackRock's IBIT leads with 805,110 BTC ($74 billion), followed by Strategy Inc.'s 640,031 ($59 billion), Grayscale's 187,000 ($17 billion), U.S. Government (207,000, $19 billion), MARA Holdings (50,000, $4.6 billion), XXI (43,514, $4 billion), Tether (100,521, $9.2 billion), Fidelity's FBTC (~50,000, $4.6 billion), Riot Platforms (19,223, $1.8 billion), and Metaplanet (20,136, $1.9 billion). These reflect treasury diversification, with miners retaining rewards post-halving.

Sovereigns join, holding 463,000-527,000 BTC ($42-48 billion). The U.S. tops with 207,000-326,000 ($19-30 billion) from seizures, China (190,000, $17.5 billion) from Ponzi busts, UK (61,000, $5.6 billion), Ukraine (46,000, $4.2 billion) from donations, North Korea (12,000-14,000, $1.1-1.3 billion) via hacks, Bhutan (11,000-13,000, $1-1.2 billion) from mining, Germany (10,000-50,000, $0.9-4.6 billion), El Salvador (6,246-6,365, $575-585 million), UAE (~5,000, $460 million), and Finland (~1,900, $175 million).

The U.S. Strategic Bitcoin Reserve, established March 6, 2025, via EO 14100 (later 14233), centralizes seized BTC as a "Digital Fort Knox." Trump announced it March 3, rationalizing scarcity for debt hedging: no sales without approval, budget-neutral. Critics call it "symbolic," per S&P's Andrew O'Neill, with a University of Chicago survey finding zero economist support. States like New Hampshire (May 2025) follow.

Complementing it, the BITCOIN Act (S.954/H.R.2032), introduced March 11, 2025, by Lummis and Begich, authorizes 1 million BTC over five years, locked 20 years for debt retirement. Provisions include transparency reports, SDR integration; co-sponsors like Sens. Justice, Tuberville. Lummis: "We must lead—not follow—in this digital revolution." Pending full vote, it could drive $120,000-135,000 prices.

Looking ahead five years, Bitcoin as reserve solidifies, potentially $150,000-250,000 by 2030, per Wallet Investor ($196,072). VanEck: $180,000 in 2025, $2.9 million long-term. Max Keiser: $200,000 in 2024 (missed, but optimistic). For transactions, Layer 2s like Lightning (8M+ monthly txs) enable $1 trillion+ daily volume by 2030, saving $50 billion in remittances. Daily settled value: $96 billion in Q1 2025.

Ethereum's role complements, as the "global programmable financial OS." With 68-72% stablecoin supply ($155-170 billion), 55-60% DeFi TVL ($115-120 billion), it's dominant. Experts predict $8,000-22,000 by 2030; Tom Lee: $7,000-9,000 in 2026. Fusaka upgrade boosted prices; 34 million ETH staked (28% supply). L2s like Arbitrum ($20 billion TVL) scale to < $0.001 fees.

Beyond, five altcoins shine by 2030: Solana (SOL) for speed (65K TPS), $5,000+ predicted, "crypto's iPhone." XRP for payments ($10 billion daily settled), $5-10 with CBDCs, "SWIFT killer." BNB for Binance ecosystem ($20 billion TVL), $2,000+. Cardano (ADA) for sustainability ($5 billion TVL), $10+, "banking for unbanked." Sui (SUI) for parallel processing (100K+ TPS), $50+, Web3 leader.

Ethereum’s Role in the Crypto Ecosystem (2025–2030 Perspective) Ethereum is no longer just “Bitcoin’s little brother.” It has become the settlement and computational backbone of the entire cryptocurrency industry — the layer where most real economic activity, innovation, and value accrual happens. While Bitcoin is digital gold, Ethereum is the global, programmable, financial and data operating system. Here’s a breakdown of Ethereum’s dominant and evolving roles as of late 2025: Role Current Status (2025) Expected Evolution (2026–2030) Key Metrics & Evidence 1. Base Settlement Layer for Stablecoins ~68–72% of all stablecoin supply lives on Ethereum (USDT + USDC + DAI + others ≈ $155–170B) Will stay dominant Remains #1 even with competition from Tron and Solana because of institutional trust and liquidity 2. DeFi Capital Markets ~55–60% of total DeFi TVLlama TVL ($195B+ total DeFi, Ethereum + L2s ≈ $115–120B) Will keep 50–70% share as L2s scale and inherit Ethereum security Aave, Uniswap, Curve, Maker, Lido, Pendle, Spark all Ethereum-native 3. Tokenization & RWA Hub BlackRock BUIDL ($5B+), Ondo, Franklin Templeton, WisdomTree, Securitize, Centrifuge all on Ethereum Becomes the default rail for tokenized treasuries, bonds, private credit, real estate Expected $10–30T on-chain by 2030 (Boston Consulting Group) Institutional-grade chains (Canton, Polygon PoS for enterprises) still settle on Ethereum 4. L2 Scaling Ecosystem Combined L2 TVL > $55B (Arbitrum One $20B+, Base $12B+, OP Mainnet $8B+, Blast, Scroll, zkSync Era, Linea, Mantle, etc.) L2s will handle 95%+ of daily transactions; Ethereum L1 becomes ultra-secure settlement + data availability layer >100M monthly active L2 addresses in 2025 (already higher than Solana) 5. Staking & Monetary Premium 34M+ ETH staked (~28% of supply), yielding 3–4% real yield Post-Pectra (2026) and Verkle trees → staking becomes more capital-efficient → higher % staked → stronger economic security budget Lido ≈ 31% of all staked ETH, Coinbase ≈ 12%, Rocket Pool and solo stakers growing 6. NFT & Consumer Apps Still the cultural home of NFTs (despite 2024–2025 bear) and dominant in high-value art/gaming IP Base and Abstract chains (Zora network) take consumer volume; Ethereum L1 remains provenance layer for $1M+ assets Pudgy Penguins, CryptoPunks, BAYC, Art Blocks all stay on L1 7. Enterprise & Institutional Blockchain SAP, JPMorgan (Onyx), EY, Deloitte, Visa, Mastercard, Swift pilots, CBDC experiments all run on Ethereum or Ethereum-compatible chains Permissioned deployments (Besu, Polygon Avail for enterprises) + public L2s merge into one liquidity pool 85 of Fortune 100 experimenting with Ethereum tech (ConsenSys 2025 report) 8. Data Availability & Rollup-Centric Roadmap Danksharding (2026–2027) will push DA cost down 50–100× → L2 fees < $0.001 Ethereum becomes the most secure DA layer in the world; all serious rollups settle here Blob transactions live since Dencun (March 2024) already reduced L2 fees 90%+ Ethereum vs. Competitors (Quick Reality Check – Dec 2025) Metric Ethereum + L2s Solana Tron Others Stablecoin market share 68–72% 20% 8–10% <5% DeFi TVL $115–120B $18B $8B — Daily settled value $15–25B $8–12B $10B (mostly USDT) — Institutional adoption Dominant Growing but limited Almost none Fragmented Decentralization & uptime Highest (33%+ nodes outside US/EU) Moderate Low (heavily VC) — A possible 5-Year outlook on Ethereum (2025–2030) (speculative) Ethereum wins the “economic bandwidth” war It will settle >50% of all non-Bitcoin crypto value (stablecoins, RWAs, DeFi, tokenized securities). L1 becomes the ultra-secure “digital gold + court system” High fees on mainnet are a feature, not a bug — they pay for the strongest security budget in crypto. L2s become the user-facing internet of value Base, Arbitrum, Optimism, zkSync, Scroll, Polygon zkEVM, etc. will feel like “different countries” with the same monetary policy and finality. ETH becomes the premier yield-bearing collateral asset Staking + restaking (EigenLayer already $18B TVL) + LRTs (liquid restaking tokens) turn ETH into the highest-grade crypto collateral. Expect real yields 3–6% in most years. Price range 2026–2030 (base case) $8,000 – $22,000 (moderate macro) $30,000+ in aggressive adoption / rate-cut scenarios (Current price ~$3,400 as of Dec 2025) Bottom Line Bitcoin = pristine collateral / global reserve asset Ethereum = the programmable money layer where everything else runs on top of For the next 5–10 years, the two are deeply complementary: Bitcoin for sovereign treasuries and final settlement of the largest value, Ethereum for everything that needs smart contracts, stablecoins, yield, and programmability. If someone is allocating long-term, they probably want exposure to both — but Ethereum is where most of the innovation, cash flow, and institutional capital is actually flowing right now.

 

Other Cryptocurrencies Poised to Be Prominent Players by 2030 Excluding Bitcoin (the reserve asset king) and Ethereum (the programmable settlement layer), the crypto ecosystem is diversifying rapidly. By 2030, prominence will hinge on real utility: scalability for high-throughput apps, cross-border efficiency, interoperability, AI/DeFi integration, and real-world asset (RWA) tokenization. Based on current trends—like Solana's DeFi boom, XRP's institutional rails, and Sui's Web3 surge—five with strong fundamentals, developer activity, and adoption signals. These aren't moonshots but ecosystem anchors, backed by 2025 data showing $100B+ TVL across their networks and projections for 10–50x growth in utility. A pick ranked by projected ecosystem dominance (not price), with key reasons and 2030 outlook: Rank Cryptocurrency (Token) Core Role & Why Prominent by 2030 Key 2025 Metrics & Growth Drivers Projected 2030 Impact 1 Solana (SOL) High-speed L1 for DeFi, gaming, and consumer apps—Ethereum's scalable rival with "proof-of-history" for 65K TPS. $18B DeFi TVL; 2K+ TPS daily; partnerships with Visa/Shopify. Up 150% YTD on mobile/Web3 push. $5K+ SOL; 20% market share in dApps/gaming; "crypto's iPhone" for mass onboarding (1B users via Saga phone ecosystem). 2 XRP (XRP) Cross-border payments and settlement rail—Ripple's tech for banks, now in U.S. strategic reserve. $10B+ settled daily; SEC case resolved 2025; institutional adoption via RippleNet (300+ partners). Trillions in annual volume; "SWIFT killer" for $38T global payments; $5–10 integration with CBDCs. 3 BNB (BNB) Utility token for Binance ecosystem—powers trading, DeFi, and burns for deflation. $20B+ ecosystem TVL; quarterly burns reduced supply 50%; #1 exchange integration. $2K+ BNB; central to $1T+ CeFi/DeFi hybrid; global compliance hub as Binance expands to 200+ countries. 4 Cardano (ADA) Secure, research-driven L1 for identity, RWAs, and emerging markets—focus on interoperability and sustainability. $5B TVL; Midnight sidechain for privacy; Africa partnerships (e.g., Ethiopia education). ETF filings pending. $10+ ADA; 500M–1B monthly txs via stablecoins; "banking for the unbanked" with 1T+ tokenized assets. 5 Sui (SUI) Next-gen L1 for parallel processing in gaming/AI/DeFi—object-centric model for ultra-low latency. $10B+ market cap surge in 1.5 years; 100K+ TPS potential; developer-friendly (Move lang). $50+ SUI; leader in Web3 gaming/NFTs ($30T tokenized market); 15% share in AI-blockchain hybrids. These selections draw from consensus across analysts: Solana and XRP lead for speed/utility, BNB for exchange dominance, Cardano for long-term security, and Sui for innovation. Community sentiment on X echoes this, with XRP/ADA/QNT often cited for trillion-scale utility, though I prioritized broader ecosystems over niches like TON (Telegram integration) or AVAX (subnets). Caveats: Crypto's volatile—regulatory wins (e.g., XRP's 2025 clarity) could accelerate, but quantum risks or L1 wars might disrupt. By 2030, survivors may power $10T+ on-chain economies.

 

Reflection

As we stand on the cusp of 2026, Bitcoin's odyssey reflects humanity's eternal dance with innovation and risk. From Taleb's scathing pivots to Saylor's unyielding faith, the debates underscore crypto's dual nature: a speculative mirage or antifragile future? Data paints optimism—$2 trillion market cap, sovereign reserves, and ETF billions signal maturation beyond bubbles. Yet, vulnerabilities linger: quantum threats, volatility (34% corrections), and regulatory whims could derail. Ethereum's programmable prowess and altcoins' specialized niches suggest a symbiotic ecosystem, unlocking $10-30 trillion in tokenized assets by 2030. Proponents like Wood envision $1.5 million BTC, but critics like Krugman remind us of social costs. In five years, Bitcoin may anchor reserves, transactions surging via L2s, while Ethereum powers DeFi's $1 trillion+ TVL. This isn't just finance; it's sovereignty redefined, empowering individuals against debasement. As Hal Finney prophesied $22 million per BTC by 2045, we must heed balanced views—embrace utility, shun hype. Crypto's promise lies in resilience, not riches alone. Ultimately, whether "rat poison" or "digital gold," its legacy will be forged by adoption, not arguments. The revolution endures, inviting us to participate wisely.

References

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2. Taleb, N. N. (2022). Twitter/X posts compilation on Bitcoin as “tulip bubble without aesthetics.”
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6. Schiff, P. (2025). Euro Pacific Capital podcasts and X posts on Bitcoin as “greater fool’s scam.”
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