For a non stock market guy, this whole thing is incomprehensible. One buys Bit Coin or this Coinbase stuff, where does the money go, is there anything tangible backing the investment?
Go do a google search. You need to understand how it works. You are not going to learn that on FR. most of the folks around here don’t have a clue.
There is something called stable coins that are tied to the USD and backed by tangible assets aka money.
Seems weird investing in what amounts to electronic data but when you think about it, most USD is data. If you buy Soybean futures, you never actually posses any soybeans.