That’s an interesting perspective. And I’d have to agree that the US government definitely took a debt based approach to solving debt. Would you say that approach isn’t working? How low would you have expected the 2008 market crash to go without government intervention?

Trafitional asset classes are not the only investment option available to the average person, but they are the most popular. Part of that is due to how easy it is to set up a stable series of investments based on them, and part of that is due to how entrenched traditional banking is.

I’m interested to hear what your definition of a bubble us and exactly how you think Ethereum would replace traditional asset classes. I’m also interested in hearing what you think Ethereum should be worth now and in five years, and why you think so.

I’m definitely not against Ethereum, but I think the market has pre-valued it before the technology was proven. That, to me, is a bubble. Whether or not the technology fundamentally works the way it’s supposed to, at the moment, most of the people buying it do not know. If in the future, Ethereum retains value due to its utility, then it will have been a bubble that didn’t pop before the tech became valuable.

The reason why I maintain caution is because often most people can’t respond to or are not even asking the questions I ask. I feel like I’m watching the Big Short in real life, but instead of a mortgage scam, people are betting on technology that has a real chance of being transformative.

What do you think about all of that?