I think people think it's a bubble because it's just used for investment and trading. I bought BTC when it was $600 4 years ago and at the time that might been silly.
I'm just curious, the people buying btc, why are you buying? Because you believe in a currency that is not enslaved to corrupt reprinting debasing governments? Or are you just trying to make a quick dollar and don't care too much about it's utility.
And the people that think it's a bubble, do you not consider the benefits of btc if it became the global preferred way to trade?
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comments
It's a giant ponzi scheme. Nothing more.