People's Daily Online: Bitcoin is worthless and will be included in the textbook of financial bubbles in the 21st century!

People's Daily Online published an article saying that if you choose the most popular investment products in 2017, Bitcoin will definitely be on the list. Indeed, it has risen 14 times from $1,000 at the beginning of the year to the current $14,000. At the beginning of this month, the price even exceeded $20,000, making many investors crazy.

People's views on Bitcoin have always been polarized, with fanatical believers on one side and people who keep singing bearish views on the other. In fact, the emergence of any new thing is accompanied by both positive and negative voices. When cars first appeared, investors advised not to invest in unknown things like cars, and horse-drawn carriages were the trend of the future.

However, any doubts have no impact on the rise in the value of Bitcoin. Its market value has continued to rise, surpassing technology giants such as Baidu and JD.com, and it is only a matter of time before it surpasses Alibaba and Tencent Technology.

People's Daily Online is bearish on Bitcoin, believing that Bitcoin is worthless and that it is only a matter of time before the bubble bursts. Although the bears have been ruthlessly slapped in the face by the market, time will tell.

People's Daily Online also mentioned many historical economic bubbles, such as tulips, US technology stocks, and the South China Sea bubble. There are people behind the craze, and they will eventually be exposed. The bursting of the Bitcoin bubble will be included in the textbooks of financial bubbles in the 21st century!

What do you think about People's Daily's views? Tell us what you think!