> The billionaire said he did not choose his investments on the basis of whether they would be worth more to others.

Entertain the notion, just for one second (even if you don't think it will happen), that people are envisioning a future where the bitcoin is just, you know... used? In that context, it's worth more to _them_, not "others".

Also, didn't these people take a risk to earn their level of wealth? Starting a company can absolutely destroy people and their families, yet we encourage people to take these kinds of calculated risks everyday.