Time was Bitcoin proponents would talk about the future of money (investment).
Now everyone just wants to get rich at the expense if the poor fool who comes later (speculation). We're now at the mania stage of this bubble, where crazy things happen and ordinary people invest because of the distorted prices.
Investments have utility, speculation does not.
Time was Bitcoin proponents would talk about the future of money (investment).
Now everyone just wants to get rich at the expense if the poor fool who comes later (speculation). We're now at the mania stage of this bubble, where crazy things happen and ordinary people invest because of the distorted prices.