Hi Nitish,

I really like the way you analyze this but:

- While no one can be sure, Bitcoin does have strong fundamentals and adoption.

- Bitcoin is back by something: the most secure computer network ever created.

- Things don't need to be "backed" to have value. Value comes from the fact that x number of people believe something has value (just like people believe gold has value).

- Some countries and central banks are starting to adopt it.

- The new generation is selling gold to buy BTC.