Of course if you are filthy stinking rich, it's because you participated in a distributed scam in order to defraud money from those "bandwagon shirt-losers."
Those using bitcoin for payments saw a utility not provided by other solutions.
Those investing are a different class of users. Most purchased after hearing get rich stories.
People in boiler room operations pumping up bogus pharmaceuticals --- for example --- aren't themselves drug researchers and can, of course, tell themselves that they worked not on a scam, but on a product that didn't in the end worked out and simply turned out to be a bad investment.
We have no trouble calling penny stock pushers dialing for dollars exactly what they are, but when it comes to "cryptocurrency", we're all supposed to keep our mouths shut. That makes no sense to me. What's scary is, the instinct in a lot of places will be to take the analogy and unwind the other side of it --- maybe we should reconsider the morality of the boiler room operations! Maybe they're doing a service after all! Caveat emptor, after all!
Please note the ample use of quotes on my part.
Almost no one as few will take btc and that number is shrinking.
>Those investing are a different class of users. Most purchased after hearing get rich stories.
Pretty much everyone who owns btc.
The stock market is people trading ownership stakes in corporations with actual value under a regulatory regime that implements proper safeguards.
All the while, the marketeers screaming "buy buy buy" were selling their btc on exchanges at insane rates.
If you're just some guy mining, nobody thinks you're the problem.