[michaelscott]

Again I can't really say much about what could happen at this point. History "behaves" too bizarrely, especially over such a long time period, and inflection points are usually completely random and unpredictable (black swans), being only obvious in retrospect.

One thing I can be fairly confident won't happen is that BTC will become a medium of exchange. This is because BTC mechanically behaves more like a commodity than a currency, which means that (for various, immutable technical reasons) it's not able to match the speed of settlement, the price stability and the reliability of supply that are required for a good medium of exchange.

[herodoturtle]

Thanks Michael, appreciate your thoughts.

And I agree. I too doubt BTC will become the medium of exchange it was originally envisaged to be.

As to whether it will retain our confidence as a store of value remains to be seen.

I will continue to follow the heated discussion on HN with much interest. It's great to be able to read the consolidated thoughts of individuals who clearly understand this technology far better than I do.