‘Buy Bitcoin’ Overtakes ‘Buy Gold’ as Online Search Phrase

bloomberg.com

5 pointsangpappas3 comments

What always strikes me about Bitcoin is the fact that most people don't buy it because they want to spend it. They buy it because they speculate that the price of $BTC will increase. In my view, this effectively makes Bitcoin the most prominent example of an economic bubble.

and?

Every time a bitcoin article is posted, this is among the top comments. I get it - economic bubbles are bad.

Can we get some deeper critical thinking, rather than just parroting the most popular FUD position?

If this makes Bitcoin the shining example of a economic bubble, what does that mean? Who will it affect? Why is it worth pointing out every time? Are you trying to warn people from "investing", or just trying to prove an assumption?

Discussions will continue to go in circles of "it's a bubble!" and "everyone invest now!" until someone can bring something to the discussion table other than the most-popular buzz words.

It's about time!

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