In these days Jim Rogers, entrepreneur and investor of the United States of America, has given some comments on the future of Bitcoin and cryptocurrencies.
Here are some interesting passages that will discuss.

"Those who use cryptocurrencies think they are smarter than their government. In fact, I think these people are right. But their government has something the crypto community doesn't have: firearms. The reason I think cryptocurrencies will disappear in the future is that their value is not based on the power of government armed forces. "

Will the value of cryptocurrencies be brought down by the strength of arms?

"Cryptocurrencies didn't even exist a few years ago, and in the blink of an eye they have become 100 or even 1000 times more valuable. This is clearly a bubble, I don't know the right price for these assets. Virtual coins are not an investment, it is gambling."

There is no physical thing that determines the value of the cryptocurrency. This also happens with works of art, everything is based on supply and demand.

Jim Rogers predicts that the value of the cryptocurrencies will soon be zero.