Bitcoin is not an investment, it’s a currency just like USD, nobody can invest a currency. And yup they’re not investing any money, they’re all holding currency such as cash for rainy day. It’s prepping day ahead, stock up bomb, bullet, gun, explosive, gold silver and also body armour, you gotta kill or get kill in a war.
Indeed. Bitcoin was not created as an investment that its true intention is to become a new payment system or an alternative payment for fiat currency. However, many people are only buying bitcoin for its investment value rather than considering it as a medium of exchange because there are only a few retail stores that accept bitcoin and other cryptocurrencies as a payment method.