Like many people, I’ve long regarded bitcoins rise with both wonder and confusion. To help me make sense of it, I started calling cryptocurrency experts and academics to ask, is bitcoin just a dumb bubble, like 17th-century tulip bulbs? An investment hedge, like gold? A currency, like dollars? The answers I got weren’t satisfyingly unanimous. I heard all of the above and none of the above and nobody knows for sure, yet.?
I think academics still cannot grasp the concept of bitcoin, since it related to many major (computer science, economics, and finance)
About bubble or not:
https://www.youtube.com/watch?v=ZceJMFXm57sIt's P2P electronic cash system:
https://bitcoin.org/bitcoin.pdfOf course electronic money that has limited supply, so robust, and secure will increase in value. Thinking about dollar without no inflation (limited supply) surely its value will increase dramatically compared to fiat.