Are we in a bubble? And does it really matter?

I don't like to do predictions. Because when you make preductions, you can be wrong, and it is so easy to be wrong when it comes to market behavior, especially right now, after the explosion in the crypto market this last year, and especially since the summer. And I don't like to be wrong. I'll rather just say, I don't know. But if I speculate...

So are we in a bubble? And does it matter?

Once people start to realize that as a product crypto currency is so much more widely acceptable for network effect than anything else in the world today, then maybe they will also understand the potential of growth for decentralized currency, and especially Bitcoin, and the blockchain technology, and all of its derivatives.

What other product can be traded and bought at relative ease all over the world today, that has no borders, no rules, no fixation on who you are, from where you are and is not controlled by politicians, banks, the corporate giants and the people that own most of the wealth in the world today?

What other technology or invention today is practically directly owned by the users that actually use it? And doesn't differentiate on who can own it? It doesn't care if you are rich, poor, american, russian, chinese, jewish, palestinian, christian, atheist, feminist, racist, whatever.

So for me, the answer is, it doesn't really matter if we are in a bubble today. Once a correction comes the weak hands will fall off. That's part of the game. It has always been the same talk surrounding crypto, even 5-6 years ago everyone was saying it is such a bubble. "How in the hell can Bitcoin be money?" (But it wasn't just a bubble back then that was popped - it was MtGox being "hacked" and losing most of their clients' money.) But I do think it will be the non-believers loss in the end. If you look at it longterm, Bitcoin and crypto, and understand the technology and the potential impact on a macroeconomical scale, for me that is an easy bet.

The market provides what the market wants, and you are part of that market. Everyday you decide what kind of market you want to support.

The old one, owned by a gang of people that call themselves the men and women in charge, that have "regulated" the economy in the name of the public good for the last hundred years, but in reality probably hurt it way more, because of their protectionism, nepotism, nationalism, with their limits on innovation, what you are allowed to research, licenses, laws, rules, proprietary data owned by a few, patents, copyright, power, and the same people then artificially creating money and flooding the market so they can grab as much as possible themselves.

Or the new one, owned by no one. Every one.

You decide.

It's run on mathematics, not by people. People will always have their own agenda and if they can, they will manipulate the system. It's voluntary. No one has to use it. It's not violent, it's not a threat. Except for the current political status quo and the establishment. It completely ignores who you are. And the system is free. For anyone to use.

Educate yourself. Don't ever invest in something you don't understand, because I wouldn't. But hey, who am I to tell you what to do. And especially don't trust random people on the internet when it comes to investment and crypto currencies.

Btw, my answer is: IDK 😎🚀💲 rant end.

(And I am not bringing up the issue of how hard hard it might be to buy crypto currencies in certain countries in the above text, because that's not an issue with Bitcoin itself, it's issue because of regulators, politics and special interest groups, like central banks. It can - and will - still be used, and countries like China, Russia, Venezuela and Zimbabwe prove that. There is a reason counter-economics and black markets exist and work, but that's a different topic for the future.)

Disclaimer
This is not investment advice. Do your own research.
Due diligence. Safety first.