[wladimir]

Indeed, nothing ever monotonically increases, or keeps growing forever. Didn't we already made that mistake with the housing crisis? There will be drops, eventually, maybe even big ones.

I think the biggest confidence crisis possible for bitcoin would be a security breach discovered in the software.

Other things, like the IRS interefering, will cause smaller panics. There will still be a lot of countries left where it can be used. Bitcoin is by no means a US-only operation.

The surprising thing for me for bitcoin is that it's actually being used to trade things, and is not just seen as an investment vehicle. This makes me think it can succeed.