I'm probably the most ignorant person when it comes to money that you will ever meet, so I'm not sure what you're saying here. I understand that Bitcoin is most likely a bubble, especially if you compare it to other crytos. That makes sense.

This is certainly the time to be playing. As cryptos gain credibility, there will be wild swings. If they get too powerful, however, I wouldn't be surprised if the government outlawed all cryptocurrencies except for one: a government mandated one administered by a central authority. If they can confiscate the people's gold and then eliminate the gold standard completely, they can certainly stop this "peoples" money blockchain party quite easily at some point.

Something else I understand is that when one bubble deflates, money leaves the bubble. It doesn't disappear. When investors finally pull the plug on bitcoin, where do you think that money is going to go? Will it go into other cryptos, gold or back into fiat and the stock market? I understand you can't possibly know for sure, but you seem like the best educated guesser I know (except maybe @vieira). I'd like your opinion.

I plan to Steem on, however that's only because I love to write and have a different agenda than simple acquisition. If I get rich, great. If not, meh!