no you are wrong bitcoin is a shitcoin, it does nothing, it impoverishes everyone, and it cannot survive without other central currencies, which substance it attacks like a cancer. see electricity theft in china.
If you call
BTC shitcoin, does that mean that the rest of cryptocurrency goes to the same category? It seems to me that you were quite disappointed with the current development of events and the price, based on last year price many were expecting at least 50 000$ by mid this year. Suddenly
BTC is become shitcoin&ponzi, but I guess most of buyers above 15 000$ level have a similar opinion as you do.
It is normal that financial system which currently exists trying to discredit
BTC and cryptocurrency in general, this is quite a normal occurrence. But what is theft of electricity in China have with
BTC, most of miners are moving from there anyway, and electricity consumption consumed by all
BTC miners in the world per year is 0.5 % of total electricity consumption, more or less.