you are delusional for thinking bitcoin is making money just because it is making money.
in reality bitcoin is making money (rising price) because it is a useful technology, in other words a useful currency which is also decentralized. that is why it is getting adopted more, used more, and rises more and more so it "makes money" for those who invest in it early on.
if you remove the technology part and the currency part then you will be left with some meaningless numbers on your screen that people are paying money for them. and that is dangerously close to a Ponzi scheme.
additionally as you can see the technologically advanced countries such as Japan have adopted bitcoin as a currency not a money making machine. and that is the main reason for this year's rise.
But there not really big technology impact. I'm engineer myself so i completely understand blockchain technology inside and outside...
For me, it just money maker tools....technology involved for sure, but i hate when people stupid enough bitcoin technology is new thing and something amazing..which is not.
R U really an engineer? Tier 1, or Tier 4, CMU/MIT, or UofID??
It took 20 years of the bright-test minds of CRYPTO to finally solve the puzzle, the most advanced HW on earth is all being deployed to mine coin's; 99% of the ppl on these forums don't know C++, and couldn't code or read code if their life depended upon it,
If your making more money on COIN, than your day-job, then you must be one under-paid engineer, its a hobby for most at best, just because since 2004 its gone up 10X doesn't mean that trend will continue, not that many people have made BIG money in BTC, most of people came here rich to begin with,
BTC is jut the beginning, the US Dollar is DEAD, and the Chinese need to get their wealth out of China, Governments print FIAT that they use for war, CRYPTO changes everything.
Take a little boy name Buterin, just a typical nerd but super coder at 14 years of age, because of his TECH SKILLS today he's a BILLIONAIRE, now tell us what was it that made him a billionaire?? The TECH or lack of hair on testicals??
Lot's of people get rich, but its going to be the people who MAKE the tech, who know the tech, and the people who come here rich, and move their money into BTC so they can hide it from GOV,
The secret of MONEY is keeping your money, and BTC allows people to hide their wealth anonymously, like SATOSHI, a hidden billionaire.
Satoshi wasn't TECH, he was a MATH CRYPTO guy, but he wrote code, and solved TECH problems that nobody before could solve, now today the world adopts that tech.
IMHO U shouldn't be an engineer, you seem to have no interest in what makes the world tick, BITCOIN is not the last word in synthetic-crypto-currency, this is only the beginning,
But mark this notion, its ALL tech, the people who DAY-TRADE BITCOIN bring NO value to the table, never have, and never will.
