Gold Investors Insult their Competitor

Usually I don't come late to the party to report an event in the cryptocurrency industry, but I knew this story since the beginning. Recently, John Hathaway called Bitcoin garbage, stating that "It was as Jamie Dimon said". He also went on to ironically call it a "bubble". The notion that calling every asset that you don't like a "bubble" is simple entertaining to me. This is reminiscent of when people quickly criticized the dot com boom which sparked a new dawn of making the internet mainstream.  

He even laughed at the multi-billion dollar market cap in which he was comparing it to Gold's overall market cap. The real question remains though, "How long has Gold been around compared to BTC?". Laugh all you want, but top strategist are even stating that the trading volume of BTC may soon surpass Apple, the most recognized brand in the world.

Cryptocurrency may need some sort of standard to weigh itself in the future, but as for now it is still thriving. Even if the digitized P2P system fully fails, something like this may still get implemented. We live in a more modern society where technology have been much more radical, disruptive, and innovative. Stop trying to shun away something that can be utilized towards global economies. Don't be one of those people who end up mocking a great invention again.