Comment Re:And still no Epstein Files (Score 1) 46
The more important problem with your phrasing is the word "investment". BTC is not an investment, it's an intangible commodity. It has no fundamentals, no sales, no revenue, no debt, no equity, no overhead (though the cost of mining has stayed in the same ballpark as the price per BTC for the simple reason that if it goes lower than the expected cost of power, more people mine, and vice-versa). It is "worth" what someone is willing to pay for it, no more, and no less.
Despite what the haters may feel, it's not a scam. It sure as hell isn't something Grandma should be day-trading in her retirement portfolio; but that's a function of volatility, not because it's any more or less safe than gold or FCOJ.