For anyone else reading these comments, HN will not let me reply to all of your as I'm posting too fast. I would love to reply to every comment here. All very valid concerns and criticisms, although misplaced, deeply misunderstood. I don't blame you. If I were a skeptic of something, I would probably not put 1000 hours of educating myself on that subject. I am not here to convince anyone of anything. Don't buy bitcoin. In fact, buy the short ETF out (today?) if you are so convinced it's not going anywhere positive. I really don't care. It would be great if more people were less emotional about Bitcoin just because it has monetary properties and seems like a ponzi, and actually took the time to think about it more deeply - but I understand that you're busy and would rather dismiss it. Fine by me.
Proshares etf to short bitcoin: https://www.cnbc.com/quotes/BITO Vote with your conviction.