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Comment by itsoktocry

4 months ago

>I think mid-term to long-term people simply buy a Bitcoin ETF or stocks from a company holding shitloads of Bitcoins like MicroStrategy. Just like I buy SLV (paper silver) or the ZKB silver ETF (physical replication, in vaults in Switzerland).

But what's the inherent value of BTC if it doesn't do the things it claims? What value does Michael Saylor owning a bunch of bitcoin, of which I have a pretend share, even have?

This is the paradox of Bitcoin. It's a really cool technology that's really hard for normies to use.