>>1149901Bubbles are great, who doesn't want a free money machine that is fueled by newer people also wanting a free money machine.
How do you propose BTC will garner enough social proofing in order to accelerate through the chasm if majority of the market does not use the system for a currency but a means of doubling money? A bubble pops when it falls on the notion of scarcity alone, which is what a large portion of you people are doing.
The current state of the technological side of BTC makes it uncertain if it can really summon enough social usage outside of speculation for to be really appreciate to the levels you wish it to be.
You'll still double or even triple if you're lucky (lucky as in there is still enough new people to lap up the milk before scarcity can no longer be used to entice new recruits.
Check out Cardano.
(You won't get this from /biz/ because any early investor of crypto/wise man does not go there, and if they did it is to make memes and scam new recruits like yourself.)
