Tim Ferris said a couple of hours ago on Reddit during his AMA that we’re in a tech bubble. Given he did not specifically say Bitcoin, but if we assume tech is

Tim Ferris said a couple of hours ago on Reddit during his AMA that we’re in a tech bubble. Given he did not specifically say Bitcoin, but if we assume tech is a bubble in general then Bitcoin by default is the best expression of this “irrational exuberance”. Think about it, why would I work hard to create something of value when I can just be one of the numerous ponzi schemes on the internet with domain names registered days ago promising 1% interest PER DAY.