I saw a lot of skeptics of BTC and crypto in real life, and lots of enthusiasts who see crypto world through rose-coloured glasses. I must admit personally I am leaning towards skeptics, I surely believe that future economic relations will change thanks to what BTC already did, but all those who say again and again"BTC is future, fiat will die" just do not understand what they are talking about simply misunderstanding what experts want to say.
Here is an article, which I believe provide middle grounds for both sides and would be useful for everyone here, in case you missed.
https://www.nytimes.com/2019/04/23/technology/bitcoin-tulip-mania-internet.htmlIt's sort of the old narrative of the gold bug versus people who blindly believe in fiat.
The situation is somewhat similar when it comes to bitcoin. There are certain people that are going to be permabulls no matter what happens, and I think that is completely irresponsible given their complete lack of acknowledgement for obvious market trends and cycles.
But then there are also people who discredit bitcoin based off solely a bear market, or a crash - which is sort of the opposite end of the spectrum here.
The important concept to understand is that price =/= value/utility of the bitcoin network. A crash in value of bitcoin due to swinging market sentiments doesn't mean that all of a sudden, the utility of bitcoin drops significantly.