I used to hold that opinion. But it’s much worse then that.
I’m of the mind set that paper Bitcoin is a really big problem. In my opinion it represents the biggest most successful attack on Bitcoin to date.
These are not just poor souls that are going to get rekt. This are mindless assholes that are funding the production of paper Bitcoin.
it will only last so long. eventually no one will be willing to trade any kind of paper for bitcoin.
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unless that paper holds value, ie books and other valuable paper products
It will only last for so long. You are correct.
But “So long” can be a very long time.
