For what it’s worth, there are 2 insights here: 1. Cryptocurrency is a bubble. 2. Surface-level associations or mere mentions of associations with cryptocurre

For what it’s worth, there are 2 insights here: 1. Cryptocurrency is a bubble. 2. Surface-level associations or mere mentions of associations with cryptocurrency is a bubble. Both are reliant on the vague “bubble” term, but I think #2 is the conversation that not enough people are having. Most people I know who discuss cryptocurrency on a daily basis care next to nothing about what it is for, or the technology involved. They are entirely captivated by something limited to buzz, and anything beyond that or in oppositition to it is processed by them as unsavory. This observation, at least, decidingly bysteps debate over whether cryptocurrency has value, and points to the incredible amount of willful delusion invited by it’s fans. This phenomenon is of course attributed to so much of how late capitalism persists. But, when it happens on such a bloated level around something that should by any sober account be a critical ordeal, there is some significance to that conversation. The particular observations of mere phonetical and marginal associations with blockchain leading to overnight exhorbitant values should be understood as a very seperate discussion from “Is crypto a bubble?”.