So far no one was able to change my mind, the outcome is the same as if the Bitcoin supply itself was inflated.
in essence you mean Bitcoin price is overrated. It shouldn't worth is current amount?
Well value sometimes is subjective
To you it isn't worth it
To others it's undervalue
Everybody has their view
And as Adult be ready to face the consequences of their decision.
Not trying to change your mind
Just pointing out my view.
Times have changed, Bitcoin was once used due to it's privacy but when that dropped DNM's replaced it with different project.
People still tried to use BTC privately but the recent attack on mixers will shift this people to different solutions.
Bitcoin wasn't created technically for privacy but decentralization system which because of scalabilty is failing out but it has grown bigger than just a peer to peer system.
The different solution like Privacy coins? That the government are actively fighting against?
Or methods like atomic swap that still makes use of Bitcoin?
Privacy was the single reason many option for Bitcoin.
The thing you neglecting is the belief of the public
Bitcoin is the face of the cryptoworld and for cryptocurrency to stay alive Bitcoin has to be alive
There are coins with better privacy, better scalabilty and functions but Bitcoin still remains the first because it's Bitcoin and still remains practically the most decentralized blockchain.
That assurance itself is a utility.
It's profitability is a utility.
The cost to mine a BTC also adds to its value.
If you believe it's useless and has nothing to offer then take it as a collectible with potential.
