[Retric]

Ferrari cars charge a premium, much like Apple does but they are a hell of a lot faster than a Honda Civic. Baseball cards started as a thing outside of rarity, they had information and a picture which was more valuable pre Internet.

Now you can argue that Antiques should not gain value from age, but old junk is not valueable, old pristine stuff is. So your argument is people overvalue something they have a rational reason to value, which is different than placing clause on something without inherent value.

I am not saying Bitcoins shpuld be worth zero today, I am saying they will be worth zero in 100 years after the fad ends unless they fix the inherent problems with the protocol so it can be used as a medium of exchange.