Every BUBBLE will burst or is it just a TREND?!
Why do some people always call something new, a bubble? And then they are saying that every bubble will burst so that other people do not support that “Bubble”…
Back in time, at the Dot Com Bubble, individuals did likewise activities as they are doing now in Cryptocurrencies, you’re right, spending a lot of money in this new invention so that it can develop and hit the market. Later on, what happened to the Dot Com Bubble? Google became the most successful attempts among that period.
I know that it can be scary and that people fear new inventions, but this takes time until people are finding their trust in something new. Most of the new inventions need 5 to 10 years until people can see a future in it. This is a standard process, we are human beings, and we can feel emotions, so calm down!
Let’s come back to the word “Bubble”, who came up with this word that describes a new invention where people automatically fear this word?
It isn’t a Bubble it’s just a TREND! Everything is a TREND where people are supporting it and using it! And trends come and go. So, STOP saying that it is a Bubble!
Banks were a TREND too for so many decades! But now, people are losing their TRUST in Banks, which implies that we have to change something.
This is why someone invented the Cryptocurrency, where people have the control and not the banks or governments. Nearly every nation has a few profundities, and nobody can pay it back, so it’s time to change the way we are thinking!
Well written :)