/biz/ - Business & Finance

>>23844994
The problem you have is that you think Bitcoin is pure speculation instead of store of value. You're the same kind of person that thinks investing in a pump and dump coin is better than Bitcoin because some of them outperform it but in the end lose everything due to gambling. Yeah you make more money with low cap coins because if people follow your bet you make money by the cap going up. But if you lose that bet you just lose money. YFI and DeFi hype was everything you times 100. Coulda made a lot of money there too if you invested in that. Could lost a lot of money there. Crypto can do everything Boomer rocks do but better, faster and with more gains.
Bitcoin is the safe option of crypto. Your argument with market cap is an argument why Bitcoin is precisely the best choice to invest in. It's the safest bet and it reached a size where sudden swings downward don't happen anymore. And it grows more stable with the market cap growing. When Bitcoin reaches the market cap of Gold, the true asset you need to compare Bitcoin, too, not some fringe low cap company, that's the equivalent of some DeFi Token, a single Bitcoin will have roughly the value of 500,000 Dollar. And it doesn't stop there.
Replacing Gold isn't even Bitcoin's end goal. Any asset that can be considered a store of value like real estate, other PMGs, life insurance, bonds or whatever will find they will have to fight with BTC, an asset that is secure, needs no middle man, can be transferred, divided, stored anywhere and can be used in every country in the world