Since many people try to convince us that Bitcoin is a bubble and how we will lose our money eventually, I wonder if money is not a bubble actually. There exist economies in which money has a positive value in spite its market fundamental is zero. That means fiat money has zero value. Fiat money is a social contrivance. We take money from other people because we know other people will take it from us. In theory and practice the fiat money is a bubble.
Its not a bubble because its value don't seem to skyrocket and pop. It only bubbles due to its infinite supply but the value keeps on inflating and not backed by anything. Bitcoin is the real money with proof and hard to faked fiat money should be inspired by it.
In fairness with fiat money, this cannot be a bubble because it was backed by the government's central bank. With centralized fiat currency, regulation made it strong and won't crash easily unlike bitcoin whose character was volatile. Bitcoin as a decentralized currency, was operating without the government's control. When there's a bubble they cannot take actions directly, because the system is running through blockchain technology.
Well, It's a bubble obviously. They want you to accept fiat money and you need to work hard in order for you to be able to earn it. On the other hand, bitcoin tries to create limited supply which is opposite to fiat. There is no government attached to bitcoin and soon it will rise all over fiat money. Because of the demand and supply of Bitcoin will make bitcoin expensive or high value when the supply decreased, whereas, fiat money can not.