These are all inevitable consequences of artificially cheap debt due to USD "printing". The Cantillon Effect has weird consequences. Bullshit companies can be w

These are all inevitable consequences of artificially cheap debt due to USD "printing". The Cantillon Effect has weird consequences. Bullshit companies can be worth billions, and people will rationally flee the dollar (into e.g. BTC). Bitcoin has a much more plausible value proposition than most of these bullshit companies. Conflating the anomalously high value of BTC with the anomalously high value of companies is a category error. http://jpkoning.blogspot.com/2018/10/bitcoin-and-bubble-theory-of-money.html http://jpkoning.blogspot.com/2018/10/bitcoin-and-bubble-theo... https://www.unqualified-reservations.org/2013/04/bitcoin-is-money-bitcoin-is-bubble/ https://www.unqualified-reservations.org/2013/04/bitcoin-is-...