Thank you for this information. For so many reasons, I'm supporting a blockchain revolution. My support started with an uninformed gut feeling and continues to grow with a combo of gut-n-reason. That said, to avoid constraining my thinking in a confirmation bias mindset, I also like to find contrarian opinions regarding coin.
Predictably, some gold bugs are finding the loss of capital that would ordinarily flow to gold in uncertain times as a threat not only to their gold holder base, but to their gold-guru reputations as well. It is in their motivation to portray gold as favourable to crypto that I mine for nuggets of crypto-thinking weaknesses. Governments and banks confront similar fears as people leave fiat currencies, bonds, and stocks. Fear of loss of control and treasure is a great motivator to pick apart a new, competing asset class for finite resources. However, If those thoughts have merit, it's essential to seek or develop crypto tokens/strategies/defences that counter the chinks in our investment vehicles of choice.
As far as crypto bubbles, I am more concerned about entering a bubble of crypto-confirming-euphoria where our feeds provide only positive reinforcemen without critical thought. As the old adage cautions, "Good news can wait. Bad news cannot."
All nuggets are welcome here: coin, metals, information, useful stuff. Cheers!
That is a great way to look at it, and probably some critical thinking would do a lot of good right now. Great reminder.