Bitcoin is worthless, but has a potential to become at least a decent currency

People from legacy financial industry started attacking bitcoin as "trash".

Of course bitcoin does not have intrinsic value, nor the convenience to be used as a "currency".  But the money is money when people believe in, and people believe in bitcoin $60 billion dollars' much.

Bitcoin is sort of collective intelligence by the global communities without arbitrary government controls, and that alone have a value to pay for.

Ray Dalio said bitcoin lacks value as a medium of exchange and a store holder of wealth.  This is ridiculous comment since US dollar will be less than a toilet paper if compared with bitcoin.  Dollar which almost no one keeps counting how much it is printed, worse Uncle Sam is paying almost $400 Billion per year interest only.  In comparison bitcoin does not owe anyone, and has limited quantity of 21 million by design.

Now which is a better medium of exchange and a store holder of wealth!

To add to this, bitcoin has an almost limitless potential applications that can remove inefficiencies from the legacy financial industries which will scare old fat cats who meow at the bitcoin fearfully.