Two months ago all my digital coins together were worth less than the amount of money I just made while eating a bagel.

I am now of the opinion that bitcoins are a Ponzi.  As in most of the gains are coming from new investors and not from any economic activity.

It is hard for me to conceive of enough drugs, gambling and Alpaca socks to justify all this value.  Then again if I really think about it is hard for me to believe that there are seven billion people in the world.

The network has become sentient and figured out how to get people to give it government backed money.

Like all Ponzi's I wonder: What is the network going to do with all that money?