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RE: Really the bitcoin bubble dwarfs those that are below? What do you think about this?

in #bitcoin7 years ago

I'm not sure about Bitcoin being a bubble. On one hand there are newer and improved blockchains that are promising much more real-world applications. This implies that block chain itself isn't in a bubble but Bitcoin just might be a gateway, like it was with me and could continue growing with the industry. On the other hand it could be a bubble and the altcoins could just be rendered useless and the technology could be incorporated into the existing monetary supply and centralized ledgers. What I don't see is that Bitcoin goes to a million dollars in today's value, that is utterly delusionalnas it would be cheaper for the powerful in the world just to make a g20 coin or something and not make early adapters of Bitcoin the richest people in the history of the world.

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