But there is a bubble and there is no denying that.
The bubble occurs because the adoption level is pretty low.
Its again a mentality issue.
I hold bitcoin in the lowest regard in crypto but the simple fact remains that until crypto gets big enough you will have extreme volatility like wer seeing.
Bitcoin is just a currency. Thats it.
Until people start treating it as such instead of a get rich quick, greater fool theory investment you wont ever see it stablize and get big enough to hold value.
Buy bitcoin because it will rise in value.
Is a terrible way to go forward.
Buy crypto because its easier to use, gives you control over your money and gives you more freedom.
Thats the course we need to take.
Bitcoin maximalists are bulshit artists. Hypemen that want it to go up so they can sell.
Crypto aint for storing value or being "second gold". Its for using.
Posted using Partiko Android