i dont understand why bitcoin has to be just base on people perceive value of it. and for someone to just artrarily fix the supply of them at 21 million doesn't make any sense. it should be able to contract and expand the # of bitcoins in existence. but because bitcoin is design very simplistically it is kind of like monopoly money. not backed up by anything.
First of all Bitcoin is really hard to understand, that is the reality when someone enters this kind of Digital currency industry.
Also, let’s just remember that Bitcoin will remain as long as there are big whale investors who believe in this crypto.
Now that these Investors are gone whether they are big or not, it just means that there is no chance for Bitcoin to survive
in this kind of industry in the Digital world.