Haha, seems like your unpopular opinion is mostly agreed upon by the other commenters. The problem for me is that most assets produce income. Real estate provides rent, commodities are needed for industry, some stocks provide dividends, bonds/cash provide interest. Crypto doesn't really produce income unless it creates more crypto (like Hive being minted every day). The only real way to make money in crypto is for you to sell it to someone else for more than you bought it, and the buyer needs to believe they'll be able to sell it to someone else for more than they bought it.

If that's true (and it's been mostly true for BTC so far) then why would anyone spend it if it's truly deflationary? That means its not useful as a currency (ie, the Bitcoin pizzas).

That said, I do think a lot of things are currently in a bubble. Housing in lots of countries, for sure, stocks like Tesla and Nvidia as well, maybe even the S&P 500. There seems to be a lot of cash sloshing around at the moment, I don't know how long that can last.