BTC is getting far too big to make it sensible. The fees are outrageous too. How do you expect a average family to spend 20$ per transaction on fees alone?
Other well-known investors have said for months that bitcoin is in a bubble, and compared it to the tulip bulb mania or speculation in Beanie Babie
That's the worst of it all. Every 'professional invester' with a economics background instead of computer science, always compares it with the tulip mania.
Too a point where the Tulip Mania almost get mentioned more than the crypto's themself.
(The Beanie Babie hype was never that big in Europe, so that doesn't get used here much).
What does not being in computer science have to do with evaluating a financial asset? Just because it's done with code doesn't make it magically different.
This piece was supposed to be comedic
But do people who compare Bitcoin to Tulip Mania know that Tulip Mania was caused by a virus?
https://en.wikipedia.org/wiki/Tulip_breaking_virus
Where is Bitcoin mania virus?