Few years ago some economic specialist says Bitcoin is a huge bubble.
why they said it? and what is the meaning of the bubble?
Well in economics, bubble is when a stock or in this case an asset goes up really high than it intrinsic value, then it will crash down. But economist or bashers they really do not know the intrinsic value of bitcoin. Since it is fairly a new technology they do not have any asset that they can compare it to.
Bitcoin was already accused of being a bubble eveytime value goes up but look at its value now.
economist or bashers don't know any think about BTC..
but some economists (like Mr. Chamath Palihapitiya) got huge profit from understanding about bitcoin.
Bitcoin is a bubble but still grown up.
thanks for your info