Let me show you why wealthy men like changpeng Zhao(cz), Brian Armstrong, Jed mc Caleb etc can hold billions in Bitcoin without being afraid.
If you are afraid that Bitcoin would go to 10k,ask yourself why they hold billions in Bitcoin.
Don't you think that they had more insight than you will ever have?
Why do you think Nasdaq crashed 1.8% 2days ago and Bitcoin holding 27k line? Buyers still buy no matter what, that shows confidence in Bitcoin, and remember retail got no money right now.
Inflation is too high, retail salary vanished day it arrives, it not retail that buy Bitcoin now,
you wouldn't like to hear this, but the one buying assets now are the wealthy, they will likely continue the trend of the rich getting richer
Bitcoin indeed is a totally different new currency with all the advantages over the US dollar and it has proven this over these years and I think that bitcoin recognition and trust will continue to boost more and more as the years past.
Well I don't know about having faith on bitcoin because of wealthy men are buying it, no doubt bitcoin is trustworthy but I practically don't trust it because of these above people you mentioned because I can remember as way back when Micheal saylor himself was against bitcoin but now he is one of the highest holder of bitcoin. I think these men also see the advantage from my own angle the difference is just that they are wealthy and haven't you seen the rubbish prediction that most of these wealthy guys do and I think some of these men even promote altcoin which are not reliable and If I tend to trust and follow their judgement, I might end up holding some shitcoin that would be of Great benefits to because of their ability to control it's volatility @elonmusk