I'm not saying it isn't necessarily a bubble, but the bubble analogies tend to be as lazy of thinking as speculating a never ending upward trend. Creating util

I'm not saying it isn't necessarily a bubble, but the bubble analogies tend to be as lazy of thinking as speculating a never ending upward trend. Creating utility/value from achieving network effects (something pretty common) isn't really comparable to issuing loans to people who cannot afford to pay them back, regardless if you think there's overvalued speculation or not.