Bitcoin smells like carbon credits but fools want to buy bitcoins , wait if all computers stop working how do you use your bitcoins
You are thinking of Central Bank Digital Currency’s (aka CBDCs) that do that.
Bitcoin is a decentralized, trustless peer to peer payment system, and nothing can control or stop it unless the entire Internet goes down or the planet is destroyed.
Sure...what if the world suddenly decides a dollar has no value?
It’s probably more likely computers will be running.
If computers stop working..we will have more important things to worry about.
—> if all computers stop working how do you use your bitcoins
Few people buy them “to use.”
The “fools” you mention include the wealthiest people on earth, ETFs, etc.
You have no interest and your disapproval is simply a function of being proven wrong. What is the big investors say, never bet against the USG.
If you have any mutual funds they will soon have a 1-3% minimum allocation in BTC ETFs.
BTC has already surpassed all ETF expectations for the year in about two months of existance. The inflow of capital is astonishing.