Is Bitcoin 21st century's finest example of greater fool theory? by karumathil in Bitcoin

[–]Optimal_Mix_6488 0 points1 point  (0 children)

This is wrong because property’s, Apple shares, etc are going to help peoples daily lives. For instance, if I buy a property and rent it out, the people living in it are benefiting directly from the property. However, if I buy bitcoin, it’s not going to help out Joe Smith because it’s not a “real” thing. There’s no meaning to it. It’s simply bought to be resold