Economists are up in arms, claiming that bitcoin’s 1000% annual growth is faster than anything they’ve ever seen.
Source World Bitcoin Network
Because of that, they lash out, calling bitcoin volatile, a bubble, a pyramid scheme, etc.
But don’t worry, we put on our investor glasses, compare the 4.5-year-old bitcoin to facebook, twitter, google at the same periods in their growth. The result is that Bitcoin’s growth is as exponential, as volatile and as normal as any enormous tech giant. And just for fun we threw in a little bit about rats reproducing on a desert island.