“...no inherent value, but tell that to the billions of dollars flowing in to it right now...”
I see the madness of crowds and smell the heady scent of tulips.
It really comes down to who has the guns and missiles, right?
Because bitcoin and the US dollar both lack true value.
Although the US dollar was backed by metals in my lifetime.
I would not bet the ranch, but I would bet my lawn mower.
First, you need to really read up on the tulip craze...the Madness book got it almost all wrong.
Second, you don’t seem to understand the fundamentals of how this works and how it is a superior form of currency and transfer system.
“I see the madness of crowds and smell the heady scent of tulips.”
not to mention the nasty scent of warehoused sardines of the “not-eating” variety ...