Due to the news regarding high chances of a new rally through the announced Blackrock Spot etf, I am considering investing in Bitcoin. Thereby the question arises for me, what is the Bitcoin good for? From my layman's point of view, Bitcoin seems to be nothing more than a speculation object without any other use. How do you stand in this regard and do you see equally great opportunities in a spot etf?
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Source and link to Reddit topic: What is Bitcoin good for?
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