In this video, we are dealing with a situation of people claiming that bitcoin is a bubble.
It’s our responsibility as early adopters of bitcoin and cryptocurrency to challenge others when they think that bitcoin is a bubble. Usually when price starts to hit all time highs, people will start to come out and make this claim.
Fortunately there are a few things that you can cover when you meet someone who thinks bitcoin is a bubble.
Our first topic is to define what a bubble actually is. A bubble only occurs when the intrinsic value is surpassed by the price.
Secondly Bitcoin is a currency. It’s not a company that has to produce a product or keep a positive bottom line.
Follow us on social:
Facebook - https://www.facebook.com/CryptoKorb-1989428951377495/?ref=bookmarks
Instagram - https://www.instagram.com/cryptokorbs/
Twitter - https://twitter.com/CryptoKorbs?lang=en
DISCLAIMER:
CRYPTO CURRENCY INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS, PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
▶️ DTube
▶️ IPFS