Let's be honest. Now nobody knows what bitcoin is. Will it bubble or not. But we all know that the dollar is definitely a bubble. Bitcoin borrows for its existence. Each user contributes to its capitalization. Bitcoin does not rise to inflation due to an infinite issue. The US debt is about 20 trillion dollars. My question is which bubble will burst faster?
Why dollar is a babble? Yes, it's base and national gold standard is doubtful, the US technically just stamp as much dollars as they need and the system is actually working for years and everybody like closed their eyes on it. So what if with bitcoin is happening exactly the same thing?!
And coming back to the main topic - banks are warning about bitcoin from the beginning of this year it is just became more massive due to unbelievable price for bitcoin.
