"There is no guarantee that cryptoassets can be converted back into cash, putting consumers at the mercy of supply and demand in the market."
Cryptoassets absolutely can't be converted into cash, only sold or exchanged to somebody who believes in their value which isn't quite the same thing.
Almost the same can be said of fiat currency which has the additional disadvantage that unlimited quantities can be printed but with an established system it's hard to see it being as unstable in the short term.
Once people start selling bitcoin it only stops falling when there are more buyer than sellers. The currency should substantially hold value as long as the government can restrain itself from printing too much.
Is bitcoin a bubble? Definitely. Do I wish I had even one? Yes. Would I sell it? Yes.
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