Ask yourself, What's the personal value to me or someone else of owning this unit of currency, in terms of purchases enabled and transaction costs avoided?Ther

Ask yourself, What's the personal value to me or someone else of owning this unit of currency, in terms of purchases enabled and transaction costs avoided?There are frequently financial bubbles, where people just buy because you expect the value to see further appreciation and sell to a greater fool. Unfortunately such bubbles inflate slowly but collapse rapidly: https://en.m.wikipedia.org/wiki/Tulip_mania https://en.m.wikipedia.org/wiki/Tulip_mania