Cryptocurrencies: Rising, Falling or Already Passé?

The future of hashtag#cryptocurrencies hasn't been written yet. Yes, current instantiations are driven by synthetic demand with minimal correlation to broader macroeconomic forces, creating high volatility and unpredictability. However over time we will see a stabilization of the coefficient of variation with hashtag#cryptocurrencies as they are absorbed into the greater macroeconomic ecosystem.  The end result will be that by 2030 some form of hashtag#cryptocurrency will become pervasive to the point of becoming the global reserve currency but it will not be based on what exists today.  Existing hashtag#cryptocurrencies will need to substantially transform their models and algorithms or they will disappear.  Around 2030 or so, the first Nobel Prize in Economics will be awarded to a Cryptoeconomist.