Too Long; Didn't Read
These days, as always, the mainstream news is full of <em>Bitcoin is a bubble</em> opinion pieces, argued from the outside looking in. The rationale usually comes down to Bitcoin having no intrinsic value (<a href="https://blog.chain.com/a-letter-to-jamie-dimon-de89d417cb80" target="_blank">it does</a>, fiat doesn’t) or a contrived interpretation of whatever Bitcoin’s price has done lately.