3 ms·
I think people don't really agree it has that much value. People want to get rich quickly. They always have done that and continue to do so. Casinos and lotteri
by andresp 6y ago
I think people don't really agree it has that much value. People want to get rich quickly. They always have done that and continue to do so. Casinos and lotteries are older than bitcoin.
The idea that BTC goes above 50k USD because millions of people believe its intrinsic value is worth that much is a story that BTC investors tell themselves before going to sleep. Reality is much greedier than that, and they know it, but the narrative won't change while the fairy tale continues to be profitable.