Fiat money grants access to the value created (borrower's goods/services/labour) or present (collateral) in the fiat currency system. Bitcoin grants access to nothing given that value is neither created nor present in the bitcoin system.
You need to make more study about what money is. Only what you are referring to is that bitcoin is valueless. If bitcoin is valueless which you are wrong though, then fiat is also valueless.
Both bitcoin and fiat have value but just that the value fiat has is controlled by government which is aeans the government devalues fiat and make people that have money in bank to lose. The value of bitcoin is in its demand and adoption as it has limited supply, bitcoin is an asset because the more people are adopting it makes it more valuable unlike fiat.
You meant bitcoin lao have no use case? I can easily hold bitcoin, wait for more profit, convert some to fiat at anytime. Then what are you talking about. I can also borrow fiat using bitcoin as a collateral.
All what I am saying is for you to now that bitcoin has value and useful to the community and world at large as it has value.
As a result you can return your investment only via value brought by new investors, just like in all investment scams.
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Bitcoin is a ponzi? Which is what you are talking about here. I have a good article I posted on this forum.
Why bitcoin never a ponziRead it very well and see how bitcoin is not and never a ponzi like some critics had blatantly argued about it in the past. Bitcoin is not even centrally controlled.
Stock system in general have equity or capital. Capital can either be liquidated or used to produce goods and services and that's how the holders of stock certificates can return the investments in the system without new investors. Crypto is scam in general because it creates a system that issues the certificates to lure people to invest, and then people are able to return the investments only if new investors buy the certificates. Hence, a modern day investment scam.
Some altcoins can be risky and become scam, but the focus is bitcoin which is not altcoin. Altcoins are centralized like many other stocks.
Let me tell you one fact, there are many stocks that are more volatile than bitcoin
You are supporting stock, right? Assuming a stock with price of $2 today, if people sell and the price reduce to 1$. If you want to sell after you bought at $2, is that a gain or loss? You need to learn rather than arguing here. Go and learn the difference between bitcoin, stocks and fiat because you know nothing about it all.