It is Highly Inaccurate to Describe Bitcoin as a Bubble, Here’s Why

Many public figures in the traditional financial sector including JPMorgan CEO Jamie Morgan have criticized Bitcoin, describing it as a bubble. However, because of its decentralized, mathematical and transparent nature, it is highly inaccurate to call Bitcoin a bubble of any sort.

Bitcoin is more legitimate than most systems
As Apple co-founder Steve Wozniak observed, Bitcoin is more legitimate and transparent than most systems in existence today. Wozniak noted at the Money2020 conference:

”There is a certain finite amount of Bitcoin that can ever exist. Gold gets mined and mined and mined. Maybe there’s a finite amount of gold in the world, but Bitcoin is even more mathematical and regulated and nobody can change mathematics.”