Not saying that crypto is a bubble (I actually think the opposite), but in many ways, it's is the perfect "bubble". The more its price rises, the more incentives people have to build on top of it, which then adds value, causing the price to rise. For those who have read any Soros, its the perfect reflexive asset.
You are viewing a single comment's thread from:
Great point. The price rise almost helps build it's fundamental value in a way.