And now the questions: if I can purchase a picture of a sunset for a couple of bucks on Shutterstock and watch something aesthetically rich, why on Earth would I purchase a number "1" for $37,000 and watch something aesthetically poor?
Ah, the classic unit bias problem that has been talked about thousands of times now. This is why I'm an advocate for using lower denominations like sats — to get the newbs away from the likes of XRP and get in on bitcoin.
Why would I pay so much money for a single unit of a product that in comparation to gold, a sunset picture, wheat or crude oil has so low utilization capacity?
Because gold is a boomer asset and has performed bad throughout the years, a sunset picture is highly illiquid, crude oil has a very unknown supply inflation(like gold), etc etc. But hey, if you want to invest in these stuff, then go for it!
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If you don't believe it or don't get it, I don't have the time to try to convince you, sorry." - Someone someone.