Few years ago some economic specialist says Bitcoin is a huge bubble.
why they said it? and what is the meaning of the bubble?
What consists a bubble? Air and nothing more right.
What they are trying to say is bitcoin is something that is from nothing. Nothing backs the price of bitcoin, unlike fiat with gold reserves that supports its price.
But if go deeper, on the Bitcoin's back there are electricity and internet, no?
I mean $$$ was a bubble firs... Gold and oil has value, cause people can use it. $$$ is just a paper which people create, because to carry paper much easier than heavy gold and liquid oil. And it makes possibility of goods exchanges more simple.