There is a term called Bitcoin Millionaires. It's a group of people who became millionaires just with the help of Bitcoin. To be very exact:-
Bitcoin millionaires are the people who believed in Bitcoin while others kept calling it a bubble.
Bitcoin Bubble image is free from Pixabay
Calling It a Bubble Won't Help!
Bankers have been calling Bitcoin a bubble. Economists have been calling it a bubble. Traditional millionaires have been calling it a bubble. Almost everyone has been calling it a bubble.
Any effort to destroy Bitcoin is futile. Pixabay
But the bubble fails to burst. In fact, it seems to be like a balloon which is expandable to an unlimited magnitude without bursting. It's not a balloon though. It is real and it is making people rich.
To be rich through Bitcoin, all you need to do is to believe in it.
People who are believers of this new wealth distribition system are making money while losers are calling it a bubble, only to add to their regrets.
- They called it a bubble when it reached $100.
- They called it a bubble when it reached $500.
- They called it a bubble when it reached $1000.
- They called it a bubble when it reached $2000.
- They called it a bubble when it reached $5000.
- They called it a bubble when it reached $10000.
It is well beyond $11,000 and they still call it a bubble. Even more so when the value rises. But...
Bitcoin is NOT a Bubble!
The earilier these people realize, the better for them. They object to Bitcoin's element of freedom from central banks, not knowing that it is a good thing. They object to no centralized control, without realizing that centralized world is so messed up.
They object to its presence or non-existence but they don't object to presence and inflation of paper currency. They don't object to heavy fees that global transfers have. They don't object to the looting and manipulation.
They object to freedom of the people. They object to the chance that people have with Bitcoin. They object to power of the people.
Conclusion
Let them call Bitcoin a bubble. Let them object. Keep believing in Bitcoin. Keep marching on. Keep making more money. Earn your financial freedom.
