Bitcoin prices are in a bubble. To recognise this, one need only look at the cryptocurrency’s vertiginous path to its current peak of more than $16,000 — and then recall that it has no intrinsic value. It is not productive like oil, and no government stands behind it. It is not even physically attractive, as paintings, gold and tulips are. As of today, the sole legitimate reason to buy bitcoin it is to sell it later for a higher price.
比特幣(Bitcoin)價格存在泡沫。要認識到這一點，人們只需要看看這種加密貨幣達到目前逾16000美元這一峯值的令人眩暈的上漲過程——然後記得它不具備內在價值。它不像石油一樣有生產用途，也沒有政府爲其背書。它甚至也不像繪畫、黃金以及鬱金香那樣有外觀上的吸引力。到目前爲止，購買比特幣唯一合理的理由就是爲了之後可以高價出售。
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