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Once again I disagree with the Chinese communist party. Bitcoin is not "utterly worthless". That would be a value of zero. Bitcoin's true value is negative.
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sigh Bitcoin has no intrinsic value. It will not be a future currency. Banks and credit unions are in the process of treating its mark-to-market value as zero which will purge it from their balance sheets. Toss it any flavor of carbon tax, and bitcoin goes negative.
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If you are looking for a real-world example of Gell-Man Amnesia, look no further than @PeterZeihan - incredibly insightful and knowledgable when it comes to geopolitical trends, yet he puts up a stone wall towards actually understanding the disruptive potential of bitcoin.
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