I believe there are still many people who do not understand the value of bitcoin, cryptocurrencies and blockchain, or do not understand how they are priced.
According to the calculation of 1,300 Bitcoins for one US dollar in 2009, Bitcoin prices have risen about twenty million times over the past nine years. People always love to use currency to anchor the price of a new thing, and then look at his value. From this perspective, anything that has a rapid price increase is a bubble.
However, from the original intention of the establishment of Bitcoin by Satoshi Nakamoto, the original intention of Bitcoin-denominated cryptocurrencies seems to be directed against the government-issued legal currency, and the model of this kind of legal currency that reversely anchors the cryptocurrency to see its value appears to be Some stunned.
Throughout history, there has been no change in the currency medium. Shells—iron—copper—silver—gold—banknote—cryptocurrency.
So here, let's assume boldly: If Bitcoin is not a bubble, it will poke the nails of financial, banking, and government credit bubbles.