HarthorneWingo wrote:Isn't this all one big bubble? I really haven't studied it at all, but I've heard other people discussing it with that concern in mind.
Its a bubble like the dot com boom was a bubble. It's the future but people are too hesitant to get in now and once they aren't they'll inflate the prices but it still has real value. Remember the dot com boom made a lot of people rich before the crash and even after the people who held on to what they had when it bombed instead of chickening out are millionaires.
Think of crypto like investing in Amazon in 1998. It was at like $10-20 per share that whole year after booming from under $5, peaked at $100 after booming, tanked to $10-20 after the bubble popped in 2001-2002, and now its at $1200 15 years later. Even if it is a bubble its also the future and the good cryptos will still be around 20 years from now after the bubble has popped and the value is steady.































