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$50,000+ Bitcoin Could Happen if This Isn’t a Bubble But an S-Curve

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Countless experts and pundits,  including Chase CEO Jamie Dimon , have proclaimed that Bitcoin is in a massive bubble right now, and it certainly could be. Yet these “experts” fail to consider one possibility that  some in the Bitcoin community  are beginning to suspect:  mass adoption may be imminent. Permanently high plateau First, let’s get something out of the way. Yes, with every bubble there are people who insist that it really isn’t a bubble.  It’s “the new normal” or “a new paradigm.”  Perhaps the most infamous such example is that of Yale economist Irving Fisher. At the height of the 1929 stock market bubble, just before the crash, a jubilant Fisher  proclaimed : “Stock prices have reached what looks like a permanently high plateau.” He couldn’t have been more wrong. Bubbles throughout history History is replete with examples of financial bubbles that popped disastrously. Britain’s  South Sea bubble  came about in...