>BTC is gearing up to be the biggest financial disaster in history, and it's better to start planning for it now. I can see how one can arrive at this sentimen

>BTC is gearing up to be the biggest financial disaster in history, and it's better to start planning for it now. I can see how one can arrive at this sentiment based on how quickly the price has increased, but I wonder how bad it would really be since the vast majority of Bitcoin investment is not debt based. Additionally most people I've talked to on the matter, only invest what they are willing to lose. Now, if a significant amount of investors get in via margin and other debt-based approaches, then that could be problematic. BTC have seen huge drops in value in the past, how individuals new to the space react is unknown.