There is no intrinsic value in Bitcoin. It's the perfect "asset" to absorb the excessive liquidity from the market. WSJ can use Bitcoint to inflate, deflate & rinse over and over again. In the process, all liquidity will be sucked dry by WSJ.
FED can no longer raise the interest rate to absorb the excessive liquidity from the market, so WSJ has to play that role at the moment. WSJ will create new types of "assets", inflate the prices of current "assets", all for the sole purpose of absorbing the excessive liquidity from the market.
When FED is about to drop the interest rate (FED has to do so, the interest on ballooning US debt is not sustainable), all asset bubbles will be popped. That's when the stock market will come crashing down, a not-so-soft landing.
