It is incredible how the economy knowledge has been so distorted to the point we have to endure this, money was first created to facilitate the transactions between people, that is all, if gold was chosen over many cultures was not because it had some inherent value it was because it was the best tool for the job, but economists are making it seem as if bitcoin is bad simply because it has no backing, as long as bitcoin has all the right characteristics for the job then it is not a scam and it will be used by people as money because is the best currency currently available.
What is Bitcoin 800% profit every month for 9 years ??