It's financial engineering. The human history is basically one big arms race to get the maximum profit with the minimum effort. Up until the invention of BTC

It's financial engineering. The human history is basically one big arms race to get the maximum profit with the minimum effort. Up until the invention of BTC bankers and capital allocators like Buffett were leading this arms race. Making tons of money doing very little physical work (or even domain specific intellectual work). Now enter BTC circa 2009. BTC leverages people's deep fear of inflation and turns it on its head using deflationary financial engineering. Deflation attracts people because it's a hugely attractive proposition to increase one's net worth while doing nothing during the day and partying with likeminded people at night. Almost too good to be true. BTC skyrocketed because people don't understand that if something is too good to be true, it probably is. At the end of the day Power Law is undefeated and only one person benefits from the too good to be true scheme, much like only one person wins the lottery. For sure it can't be too good to be true for what amounts to hundreds of millions of people who bought into the scheme. Something gotta give