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Journalism has been dead for a long time. We now have random people who don't understand anything trying to write about complex subjects.

The result?

"I dont understand this therefore its worthless"
What's hilarious is how even when BTC fell to 4k the people who understood it and made sensible investments saw a massive gain.

Buying in at 20k was a bad idea. I bought in (back in) around 2k.

BTC is tech, it makes sense. Do some journalism for once
Like any investment some people made bad ones.

Some coins were worthless.

BTC is backed by the energy required to make it and like all currencies, confidence.

If there is confidence there is demand, creation requires electricity which costs money.
BTC also allows an instant exchange of value overseas.

you buy 1btc,

xfer 1btc to friend in UK

friend sells BTC IMMEDIATELY for full value.

No loss or gain, just an instant value exchange.
Not only that but ERC20 tokens are an incredible technology that can be used for outside of currency.

Its not like crypto tokens are JUST for trading value.

the ledger can be used to store data as well as regulate distributed systems like autonomous cars for instance
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