Don't worry about it, gold is officially a tier one zero-risk asset and the silver market is about to blow. There's no counterparty risk with metals, their value is fundamental and prices have been suppressed for decades.
Bubbles do not typically burst and then come back (with exponential strength at that). Tulip bulb prices crashed once and it was over.
Tulips are not scarce. People can plant tulips and collect bulbs all they want. Bitcoin is inherently scarce. 21 million bitcoins - and only 21 million - can ever be made. That’s it.
Don't worry about it, gold is officially a tier one zero-risk asset and the silver market is about to blow. There's no counterparty risk with metals, their value is fundamental and prices have been suppressed for decades.
https://charts.woobull.com/bitcoin-vs-gold/
$1 Invested in Bitcoin vs Gold over 11.4 years Bitcoin:$62,117,000.00 | Gold:$1.68
Bitcoin is tulip mania.
That's not how the burden of proof works.
If one claims that Bitcoin is a modern tulip mania, then the burden of proof is on them to demonstrate their claim to be true.
If one claims that Bitcoin is a bubble, then the burden of proof is on them to demonstrate their claim to be true.
It's no one's responsibility to demonstrate that Bitcoin is not a modern tulip mania or not a bubble, unless they make such a claim.
Ignorance really is bliss huh?
Bubbles do not typically burst and then come back (with exponential strength at that). Tulip bulb prices crashed once and it was over.
Tulips are not scarce. People can plant tulips and collect bulbs all they want. Bitcoin is inherently scarce. 21 million bitcoins - and only 21 million - can ever be made. That’s it.