Closing in on a $100b market cap (94b now), Bitcoin as rightly captioned by Bill Gates, is 'a tour de force'
No, this is not another tulip of eons ago or the dot-com bubble.
Perhaps the most distinguishing factor is, while the above two fiasco underwent abnormal one way 'pot-belly' growth, BTC on the other hand has traversed through the pits of hades and back suffering monumental crashes and standing back tall.
So no, it is not another tulip.
Contrary to popular folklore that it is the dark web usage that drives BTC value up, we have seen countries recognising it as legal tender and fortune 500 companies accepting it as medium of payment.
Remember, there will only EVER be 21m Bitcoin units for the world to use.
No reckless criminal printing of paper money like the normal fiat that enriches only a select few.
If you study economics, what does this tell you?
It tells you one thing: it won't be enough, and what happens when that occurs? the value will soar endlessly.
Remember that, only about 2% of the world population right now know about BTC.
Imagine when 50% does?