What bitcoin fans don't seem to understand is that it's not that people like me despise bitcoin for "Muh currency is not fiat" or because it's chance. We think it's unstable,

And we see it as nothing more than a glorified investment. It's centralized in the hands of few people, wallstreet invest in it, and normies think it's magic. That should be enought to worry you about bubble. We just saw one burst, now think of what would happen if ALL normies invested in bitcoin?