The Bitcoin is no investment in the classical meaning of the term, but a gamble for the sake of the gamble, and not more. You can get away with it, like you could get away with a bet you place in the casino. But you also could get surprised by a sudden major or all-loss. In the end, the bitcoin's has an intrinsic value for nill, it is paper money without paper. Its a game people play , not a money in the meaning of the word "value-covered money". In other words: its Quatsch. Influential, popular Quatsch, and if you are ruthless and do not think it thorugh, you can make a fortune with it maybe, but Quatsch it is nevertheless. And the costs of this latest folly of paper money dreamers, will be needed to be paid one day, there is no forgiving.
I have moral problems with modern "investing" without investing for real. In the end, that is always just plundering. Real investments are not about just shaving off profits by plundering the host, but engaging in building and construction of the thing one invests into it. Its aboit growth and prospering of the thing. Today's investing is predatory, original investing was constructive, and cared for what one invested in.
This is not understood today. And that is one of the main reasons why the financial business is where it is, and why evertyhing is over the cliff. Classical national economists understood this. Austrian economists understand this. Modern bankers and FIAT money apostles do not understand this.
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