You are suffering from recency bias, you see that the price of bitcoin was below five figures just one year ago and you think that it has to be a bubble, and I will not deny that sometimes there are distortions in the market caused by too much optimism and by speculators, that happens but this is a freely traded market so that is inevitable, what we need to wonder is if the underlying technology behind bitcoin is worth it?

And it should be painfully obvious the answer to that question is yes, governments and private corporations are taking incredible steps to try to suppress your freedoms and bitcoin gives you some of that freedom back and in a world like ours that is invaluable, if you cannot see it you will never understand why bitcoin is valuable, but don't be surprised if you still think it is a bubble and in a few years the price of bitcoin is many times higher than what we have now.