The Bitcoin Bubble

There is one overriding issue with the Bitcoin and crypto subject: emotions. People are either “pro crypto”, saying it will change the world, that it is a revolutionary technology that changes everything and adds massive value to society, that it frees us from the excessive power of banks and on and on. Then you have the “anti crypto” group, saying it is a fraud, a lie, a bubble without reason, that it has no value, that it is dangerous due to lack of regulation, and on and on.

Everybody chill.

Lets take a step back and look at it from a purely monetary angle, with cold logic and deductive reasoning, using data and reasonable assumptions, and see what we get.

Keep Reading on Medium