Maybe, Umm Maybe they are right but strongly they are wrong based on the fact the world is moving.
Gaint's company and people who are running an organization would never support in the future of bitcoin because they feel powerless when they won't control the money, but because of the power and technology is being used behind this coin they might surrender.
Ok, I've been listening to some people saying "We won't be relying on money generated by electrcity" my point is what's the problem in this "Are we going back to the era where there will be no electricity? No Never".
As a normal person like you, I believe there' no bad in these coins although they are making our lives easy and saving us from crazy taxes. I'm not a millionaire I think for my every single $ like most people. There is the downside of these coins that I might not aware of but overall it's a good experience for me. Although during my trades I always lost my money never get profit. (I'm bad at my luck or not know how to play)
As a resident of Las Vegas, I can see a dramatic change in this cryptocurrency no matter if it's going down but surely will raise based on the growth and usage.
If you wear some cool unique dress and other peoples starting to wear the same dress and after sometimes that same dress starts selling on the shops at your city and in the world that means your dress was really awesome.
Same with this bitcoins It's been used all over the city. Let me give you some real facts.
Las Vegas is the city of tourist and we all know people all around of world came here and these people have good money.
Casinos and gambling are the heart of Vegas the moment you step into the airport you will see poker machines and now casino's are accepting bitcoin...
Gentlemen's Club in Vegas have started to accept bitcoin. However, not all of them but the point is they realized and started to accept this powerful thing.
If you walk to the restaurant and have NO Dollar that's fine you can use your bitcoin to pay for food as Restuarants accepting Bitcoin...
I know there are many other big places you will see bitcoin being used I just mentioned places which are most visited places in Vegas.
PS: No matter how much the value of coin goes down we still can't predict the future and hope this currency should grow...
Your expert thoughts are always welcome