I see a lot of people advocating the move 100% to bitcoin to replace fiat.
That is simply dangerous. Do not put all your eggs in one basket.
Bitcoin provides a lot of value from a technological point of view and has a lot of potential in the future that’s for sure.
From an economic point of view, no one knows what drives bitcoin prices, there is a lot of unpredictability, and a lot of shadowy actors in the markets.
So, it’s good to be invested in the bitcoin ecosystem but not fully for now, because although bitcoin has all the properties of a currency, you cannot buy much with bitcoin today.
This rant is coming from a good place, I don’t want people losing their life savings because of some misconceptions.