I really don’t think it is. While it’s true that there are many bs scam attempts, there is significant value that changes the way data is processed at a very fundamental level. There is no going back from it. Only forward.

This paper has an incorrect interpretation of the “crypto” bubble by grouping bitcoin with shitcoins.

Yes shitcoins will be in a perpetual bubble cycle but bitcoin has barely started. Bitcoin will crash all the way into the millions and there is no popping at the end, only absorption