actually what he said make a sense,
but it will affect the entire economy ? i doubt that it will.
Bitcoin has not prove its usability wholly because there're a lot of problems that we will face when people starting to adopt it in their real life.
for example the transaction and the fees itself,
what make it so special compared to other is its usability,but if the hype continue while nothing change i believe it'll be bad for Bitcoin itself in the future.
also CME listing is a bad move for Bitcoin right now but at the same time,
it's the trigger for people to know about it.
everything is like double edge sword for Bitcoin,they have their own advantage and disadvantage.