Also, it's 18 million BTC, not billion. You're right though that it's close to a trillion dollars market cap, so I assume that was just a typo.
Also, it's 18 million BTC, not billion. You're right though that it's close to a trillion dollars market cap, so I assume that was just a typo.
It's literally a scam. People are throwing their real dollars into the BTC market because they were sold on vague concepts and bullshit viral articles like in the OP.
Maybe it's the investor's fault for being dumb and not doing their homework? Sure, so long as they weren't mislead, otherwise they're victims of a scam.
Real dollars? This seems to suggest that USD currency is "real" while BTC is "not real". Exactly how does this rationale work in your mind? Why is a USD more "real" to you than a bitcoin? The latter involved real work (energy) to create, while the former was just invented by a politician (by QE) or a bank (by fractional reserve).
> ...otherwise they're victims of a scam.
What if I told you that maybe by using fiat currency you have been scammed all along for your whole life? Mind you, I still agree with you that NFTs are a scam, but not bitcoin.