Ron Insana: Bitcoin could be the mother of all manias as it soars toward $100,000

Ron Insana: Bitcoin could be the mother of all manias as it soars toward $100,000

With bitcoin's price soaring towards $100,000, questions arise about its utility as a currency. Despite its rising market capitalization, bitcoin is yet to function effectively as an alternative currency due to limited usage in transactions. Critics argue its value lies more in speculation than practical use.

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