Bitcoin is a pump and dump. Pump and dumps have legitimate value as long as people pay for them. This will remain true even if it goes to 200k, or 2m. In fact t

Bitcoin is a pump and dump. Pump and dumps have legitimate value as long as people pay for them. This will remain true even if it goes to 200k, or 2m. In fact the higher it goes, the more of a pump and dump scheme it is. how many people would buy it (or even care about it) if they were gauranteed 100% that it would never increase in price? None. this proves its purely a speculative asset with the hope to dump the bags on some other greater fool. if there was some legitimate use then the focus would all be on stablecoins or people would love bitcoin even if it went down in value.