When buying crypcurrency, Buffett said, "You do not invest when you do it. You are speculating. There is nothing wrong with that. If you want to bet others will come and pay more money in the near future, it's a kind of game. But that is not investment. " Are we participating in a game?
From this perspective, it is undeniable that the majority of those who have recently joined this cryptoeconomy have been doing so without a certain knowledge of the market and their only interest has been to obtain large returns in a very short period of time,what makes them definitely speculators rather than investors.
Now, bitcoin was never designed as an instrument of speculative investment, but unfortunately capitalism has always been looking for ways to speculate with everything that can be subject to speculation, and in this case it seems that bitcoin has become a hostage of capital, so I will never be in favor of speculation with bitcoin.