You say you are not a Bitcoin Hater,but you called Bitcoin a ponzi scheme.There's a contradiction here.
If you have a certain point of view,every financial asset can be called a bubble.Tesla stocks are a bubble,real estate prices are a bubble,NFTs are a bubble,gold price is a bubble.
Human perception of value can be weird.People are spending hundreds of thousands of dollars for shitty and pointless NFTs,rather than investing in something that makes sense,like Bitcoin.
I guess that scholars and scientists will have to re-write all the books about economics and finance.
The future economy is going to be way different than everything we know.
Nobody knows whether or not Bitcoin is in a "bubble phase" or a "stable growth phase".