In 2024, there are still so many people who are malicious towards Bitcoin🤷
So, is Bitcoin a TMD tulip bubble?
Speaking of the tulip bubble, it was from 1634 to 1637, and it only lasted for three years. Bitcoin has been around for 16 years since its appearance in 2008. 16 years! Think about it, is this similar to the three-year tulip bubble?
Next, let's take a look at big companies. The average lifespan of the world's top 500 companies is 40 years; China's big companies only last an average of 8 years. Many of them didn't catch up with Bitcoin's half life. When these companies go bankrupt, aren't the losses huge? So can we say that all companies are bubbles?
Going deeper, how many things have been stable and value-preserving for more than 50 years in history? If our time scale is extended to 500 years, besides gold, tell me, what are not bubbles?
So, when you ask me if Bitcoin is a bubble, you have to tell me what your time standard is first. If the standard is 10 years, wouldn't Bitcoin have passed it long ago? If the standard is 50 years, most things except gold can't escape the fate of bubbles. If the standard is 100 years, almost everything in the world can be called a bubble.
16 years, think about it, this is not a small number. You can retire after 15 years of social security; a person's golden period is only 20 years. In such a time, if there is a chance to last for ten years, it is simply a pie in the sky.
In short, many times, we think we see clearly, but in fact it is just because we are unwilling to take risks.
We pursue things that seem stable and unchanging, but in fact we are looking for a sense of security, whether it is investment or love.
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