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Cryptocurrency is a bubble?

Cryptocurrency is a bubble. Myth or truth? That’s a dumb question and we don’t think much about the truth. The next bubble will be bigger and bigger and until the planet quits spinning. On the other hand, it will surely see an equally big bust at some stage. No one who has seriously studied the subject thinks it will end well. We all know there’s a handful of very clever people in the world who can game a system, but for the most part, you are as good as your word. Decent people just try to avoid fraud. Bitcoin does not sound like a good investment. It’s very hard to put a value on something with no intrinsic value other than if it’s valued at $US one tomorrow, it will be worth $US one today. The extreme volatility is another reason to stay away. Will it ‘go’ up or will it ‘go’ down? As the saying goes, you can have ‘more money in the bank than you can spend’ but only if you’ve been able to keep your assets at some reasonable level for some time. As long as the currency keeps being accepted, you are welcome to lose your