BTC is different because it isn't backed by something like ownership in a company. Also, there are different risks than equities. Equities have the risk of the

BTC is different because it isn't backed by something like ownership in a company. Also, there are different risks than equities. Equities have the risk of the company failing or being significantly impacted by many different things happening, while there are existential risks with BTC I feel these are often ignored or accepted as not applicable to most BTC investors.