May be you are forgeting that Bitcoin is such currency where everyone could earn. Who is loosing money can you show some example, May be some people loose 100-200$ but that is not the fault of Bitcoin its fault of those who panic sell. No One Loss/Lost In Bitcoin
Of course somebody hase to lose...
If I can buy low and sell high, someone hast to sell low and buy high. Simple as that.
We are not in an utopic dreamland. Bitcoin is not generating wealth from thin air. It takes it from the weak gamblers and transfer it to the strong hands.
Just don't forget to cash out (partially) -> there is not enough cash for everyone to become a millionaire
It will be the same like every bankrun -> the first ones get their money, the last ones will lose everything they seemed to have gained.
Poker is a zero sum game. The net amount won must equal the net amount lost.
Bitcoin--like investments in productive new technologies--is not like this: its widespread adoption can
increase the World's Wealth. Think of all the man-hours we can eliminate when we don't need a bank with 30 employees on every corner. Think of all the resources that we will
not misallocate when money-printing by central banks is curtailed. Think of all the new opportunities that could present themselves when the power or this global decentralized tamper-proof ledger known as the blockchain is understood.
