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This is a prediction.
Too many rich people use it to hide wealth and do other illegal shit
Which is insane if you know anything about the public ledger.
Also Bitcoin is still the entry point for buying a lot of other cryptocoins, so it’s not likely to go down unless the entire market goes down.
Public ledger means nothing when you launder the coins
Just because you have lots of money doesn’t mean you’re smart
You can use block explorers to see what they use it for actually