I think the issue is people started buying etf instead of using Bitcoin themselves. Bitcoin as such has no value at all, it's only valuable if people use it for transactions.
Technology @lemmy.world funn @lemy.lol 2y ago Online Content Is Disappearing www.pewresearch.org /data-labs/2024/05/17/when-online-content-disappears/
I think the issue is people started buying etf instead of using Bitcoin themselves. Bitcoin as such has no value at all, it's only valuable if people use it for transactions.