The next month might be brutal for bitcoin, potentially down to $5k. However, I think we'll see a recovery through January starting in September.

In the long term? Who knows. What will bitcoin be used for one the last coin is mined? Right now, its a vehicle to create (through mining), invest and earn money. After that last coin?

Was the last gold nugget from the California gold rush worth as much as the first? Was it worth that final hard investment? IDK. IDK if that model would even apply here, but it is something to think about.