Jack Albrecht
Dec 7, 2024

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This is a false comparison. Bitcoin is like gold. You have to trade some in to have money you can spend. Facebook user data can be sold to vendors without Facebook having to give up those users. In fact, Facebook can (and does) sell that user data over and over again to different vendors. That is fundamentally different than Bitcoin.

It doesn't mean Bitcoin is a bad investment, but it is NOT like investing in a business.

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Jack Albrecht
Jack Albrecht

Written by Jack Albrecht

US expatriate living in the EU; seeing the world from both sides of the Atlantic.

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