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by zacharytelschow 1959 days ago
Maybe? I'm sitting on the sidelines very comfortably hoping a bunch of people don't get hurt. I feel as if the bulls are ignoring the fundamentals and limitations of Bitcoin.

I agree with Bitcoin being neither money nor commodity - nor anything else, really. To me Bitcoin is Gamestop on a grander scale, a bunch of people deciding something has value that really has none (or in the case of Gamestop very little). I don't regret "missing" the hype in either case, preferring investments that make sense based on the fundamentals (assets, cashflow, profits, etc) instead of bets on pure speculation.

I do, of course, want to be "right" about Bitcoin (who doesn't like being right?) but it's far more of a curiosity for me than anything else.