> it lends the appearance of being the very kind of investment bubble that Bitcoin advocates criticize the banking industry for creating. The quote encoded in

> it lends the appearance of being the very kind of investment bubble that Bitcoin advocates criticize the banking industry for creating. The quote encoded in the genesis block by Satoshi (creator of bitcoin) was probably a criticism of fractional reserve banking rather than investment bubbles per se. "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" But there are plenty of bitcoin advocates who tirelessly criticize bitcoin speculators for causing its price volatility. Not that price volatility is unique to the bitcoin market (its the same with oil, stocks, gold/silver, commodities in general, real estate, bonds, etc. etc.).