It's a bubble. It has to have intrinsic value. You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't been able to do it. Maybe somebody else can.
Imagination is a very high sort of seeing, which does not come by study, but by the intellect being where and what it sees, by sharing the path, or circuits of things through forms, and so making them translucid to others.
But how entirely I live in my imagination; how completely depend upon spurts of thought, coming as I walk, as I sit; things churning up in my mind and so making a perpetual pageant, which is to be my happiness.
When forced to work within a strict framework, the imagination is taxed to its utmost and will produce its richest ideas. Given total freedom, the work is likely to sprawl.
An Irishman's imagination never lets him alone, never convinces him, never satisfies him; but it makes him that he can't face reality nor deal with it nor handle it nor conquer it: he can only sneer at them that do, and be 'agreeable to strangers', like a good-for-nothing woman on the streets.
Most churches don't have the resources for these tricks and inducements but are still bound to the imagination that church happens on a Sunday in a building.
I have often been surprised that Mathematics, the quintessence of Truth, should have found admirers so few and so languid. Frequent consideration and minute scrutiny have at length unravelled the cause: viz . that though Reason is feasted, Imagination is starved; whilst Reason is luxuriating in its proper Paradise, Imagination is wearily travelling on a dreary desert.
If a man proves too clearly and convincingly to himself...that a tiger is an optical illusion--well, he will find out he is wrong. The tiger will himself intervene in the discussion, in a manner which will be in every sense conclusive.
The human understanding is moved by those things most which strike and enter the mind simultaneously and suddenly, and so fill the imagination; and then it feigns and supposes all other things to be somehow, though it cannot see how, similar to those few things by which it is surrounded.
Literature is a beautiful way of keeping the imagination alive, of visiting worlds you would never have time to in your day-to-day life. It keeps you abreast of a wider spectrum of human activities.