3 ms·
Being a bubble does not mean there is no value in the thing, only that investment is outpacing the intrinsic value of the thing which is inherently unsustainabl
by kec 10mo ago
Being a bubble does not mean there is no value in the thing, only that investment is outpacing the intrinsic value of the thing which is inherently unsustainable and will cause a collapse at some point. This also does not imply that the collapse will lead to a future value of 0.
- kevin061 10mo agoI mean, at this point we are arguing semantics and speculating on future events. My opinion is that there's no bubble. Yours is that there is a bubble. That's fine, we will see probably sooner rather than later (I expect the bubble / no bubble scenario to materialise within the next 10 years, probably even the next 3).