The meaning of life is getting from birth to death without actually knowing if the Universe is real or if the whole thing is just a simulation of God or in a Computer which wouldn't make any difference. I see Crypto Currency or gold and silver for that matter as Pressure Values. When too much money is created you generate bubbles. Housing bubble, stock bubble bond bubble. In order to avoid inflation you need also other areas that can sock up the excess cash for example derivatives, gold and bitcoin.
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In a free economy that works. But when you have a country like China which controls it all... It all goes to shit.