To debunk this, lets begin by comparing Bitcoin to Apple stock .Apple is a platform company that produces hardware, software and services. Their products are real-world assets that are worth money.
Bitcoin, on the other hand, does not generate any physical assets in and of itself, i.e. it doesnt produce any physical items or services that can then be sold on the open market.threatened by bitcoin's existence and it is decentralized monetary system in the whole world with a global decentralized payment system that they can no longer matain the one spot of been the richest