Every bubble gives me this silly little story in my head. Imagine two buckets. One is empty, one is full of butters fiat. Along comes Satoshi with his magical sponge. He reaches in the butter bucket and fills up the sponge with dirty fiat, then returns to his previously empty bucket and squeezes, filling his empty bucket with butter fiat and some tears. Somehow this has been going on for eight years and no one cares. Not a cult.