Who cares? In the grand scheme of things, does it really matter that this bubble pops?
I know there are some people out there who'll have invested everything they have in BTC, which will suck for them. However, I'd wager for most people it's still just a fun way to make some spare cash, given that it's actually really difficult to use cryptos on much IRL.
We've got a bit more work to do before cryptos start being useful mainstream money, rather than just a volatile investment opportunity. The underlying ideas in blockchain are brilliant, genius even. Journalists should focus more on the interesting potential of this technology, and less on how much 1BTC costs today.
I know there are some people out there who'll have invested everything they have in BTC, which will suck for them. However, I'd wager for most people it's still just a fun way to make some spare cash, given that it's actually really difficult to use cryptos on much IRL.
We've got a bit more work to do before cryptos start being useful mainstream money, rather than just a volatile investment opportunity. The underlying ideas in blockchain are brilliant, genius even. Journalists should focus more on the interesting potential of this technology, and less on how much 1BTC costs today.