This week The Bank Of America warned that Bitcoin is going to be a giant 'bubble'
From the articles I read, bitcoin wasn't called a bubble, they were rather referring to the current price surge and how it is unsustainable and similar to the gold boom in the 70's (gold cannot be referred to as a bubble cause of that). Everyone is entitled to an opinion on price action, some believe it is undervalued, others think it's overvalued, but they are all predictions; What's certain is that Bitcoin is definitely not a bubble and it has fundamental value.
Now the Banks and Governments are talking about launching their own Crypto to complete with Bitcoin but surely this wont be decentralised so its not really going to be 'The internet of money' is it?
I don't think Bitcoin really has a competition, it's a specific network that hasn't been replicated and at this time there is no replacement for it, you have alternative coins/tokens, fiat, gold, as well as soon to be launched CBDCs, but none of these can effectively replace Bitcoin.