A man called Eugene Fama a key figure in modern finance, argued that btc was preordained to become worthless. His main concerns was Bitcoin's volatility. This man refuse to understand that the decentralized nature and Supreme security have made it an attractive hedge against inflation and economic instability
Bitcoins future is great
If Bitcoin is in a stable form like gold, then there will be no difference between Bitcoin and gold. Therefore, volatility is necessary in the Bitcoin market. If Bitcoin were to always grow, then everyone in the world would invest in Bitcoin at the same time. The world's biggest celebrities, institutions, entrepreneurs, and investors would always compete to invest in Bitcoin. There was no one who was against Bitcoin, which led to Bitcoin's monopoly. But due to the unstable market of Bitcoin, a group of people always stood against Bitcoin. The Bitcoin market is always competitive due to their anti-Bitcoin comments at different times.
Since a few years ago, many people have said that even Bitcoin will die, even negative news about Bitcoin is almost every year, especially when there is a decline, the news is always there, some say that Bitcoin is predicted to be destroyed. Economic figures and critics also often say the same thing when the market goes down or regulatory challenges, but in fact Bitcoin has consistently bounced back, showing its resilience to date.
Although people like Eugene Fama and some others think that bitcoin will not last long, this is not the first time someone has said that, but the evidence is that bitcoin continues to grow and will even be used as a state reserve asset. As technology develops, the world of digital money will continue to live and develop, and now Bitcoin is at the forefront. So, those who think that Bitcoin has no value in the future, it means they have not studied bitcoin in depth.