The Future of Cryptocurrency

Bitcoin has this niche use as a censorship resistant means of payment that people will occasionally want, so it may stick around. But I don't foresee it being widely accepted or adopted as a medium of exchange just because it's so volatile. There are other designs for cryptocurrency that would not have the same feature of great volatility and price and no response in quantity. So if all the fiat monies break down, it seems to me more likely that people will move back to a gold standard from the bottom up.