The Guardian has the article The search is on for $50m in lost cryptocurrency after two Australian exchanges collapse.

I’ll start with a quibble.

To get to the bottom of what has happened to the cash and coins held in the accounts of ACX customers, Yeo will need to cut through a jungle of claims and counter-claims that have been playing out in court since last year.

The author of that sentence just doesn’t get the concept of a cryptocurrency. There are no physical coins. Despite the picture they show, there is no such thing as a physical Bitcoin. A Bitcoin is a concept that is recorded on a computer, but has no physical existence

Later on in the article is this quote

She believes cryptocurrencies are worse investments than the tulip bulbs that changed hands for fortunes during the tulipmania that gripped the Dutch in the 17th century, an episode in history that’s regarded as a classic example of a speculative bubble.

This is my view of cryptocurrency. Whether or not this will end in a big crash remains to be seen.