You have millions to buy ? I so missed out on this when it was $110 a coin but I was young and no money. So now that blackrock made some noise in the Bitcoin space and got everyone rallied up will this be the biggest money grab in history to then crash it on the recession?
How can i understand Bitcoin more ? I mean it has no use for it yet, it is not producing profits for companies ?
I want to invest good capital but dont understand why I would do this on something made out of thin air. Sometimes seems like its a lot of fanboys just wanting it to go up and up so they can then sell to retail
Bitcoin is definitely not created out of thin air, every coin is basically created by doing work, aka Proof-of-work. You can't just simply generate a bitcoin out of thin air.
You can understand more about Bitcoin by reading the whitepaper:
https://bitcoin.org/bitcoin.pdfIt's a short read and explains the main concepts nicely.