The key to the long term economic viability of bitcoin is the massive adoption of Bitcoin as a strong fiat on its own merit.  Over 90 percent of the currency has been mined at this point, so the scalability of Bitcoin as been established.  There are billions of dollars of Bitcoin hodlers at this juncture who will not allow the price of Bitcoin to drop exponentially to zero, because they are in it for the economic picture of 10 years or more.  This stands to reason as it has taken 10 years for Bitcoin to reach it current market capatlization.  The value of Bitcoin is also further stabilized by the alternate cryptocurrencies and the resulting market capatilization which is approaching 1 trillion dollars at some point.
      It is a good rationale that the adaptation of Bitcoin and the underlying technology infrastructure of Biticoin has created a technlogical foot hold of value in the world economic picture.  It is therefore, not a false hope, that investment dollars will vault this technology based economic tool to trillions of dollars on the world stage.  This value will allow anyone to invest in piece of international trade and commerce and therby change the world.
      Bitcoin is not Santa Clause but a solid unit of value the simplifies economic transactions and essentially gives economic output a higher reward.  On the micro level it promotes saving and investment because it is not beuracratic in nature.  ON the Macro level it promoties innovation in blockchain technology the will save companies billions if not trillions of dollars.
         This technology is a win-win for individuals and companies alike and will foster expedient trade practices all across the globe.   Eventually Bitcoin technology will be a unit of value stored in a crypto vault of central banks that is stonger than a vault of gold.   This unit is valuable because everyone will adopt the technology.
      The short term key for Bitcoin is for longterm, institutional-retail ivestors to buy a share of bitcoin and hold on to it for 10 years.  This isthe key to Bitcoin value and the underlying technology.


Marshall Keesee