Well, of course, that’s the very position I am challenging with the article! The speculative pressure will always be there (it’s the same for all currencies actually, fiat or crypto, essentially that’s what forex traders do), but the nothing part I have to disagree with. There is some inherent value in the decentralized, independent system that drives it. That value actually grows over time as the security of the system increases — a quite remarkable feat.
Of course, it’s such a paradigm shift we’ll have to wait and see if that’s enough to do the job!
Thanks for reading and commenting!