oh man I stumbled here by accident, but how do you all feel about BTC reaching 60k? How different is it from people giving the US dollar value? The dollar isn't backed by anything but the US government; I don't know about you but I don't trust the government with my money, I already pay taxes and I'm sure as hell not going to keep most of my wealth in dollars while the fed continues quantitative easing the dollar, devaluing my life savings and increasing the wealth gap which affects minorities the most, unless, of course, you have assets like a house, meanwhile BTC goes through quantitative hardening every halfing cycle. It's not really gambling, and it's not that plain and simple. Gambling means
(v) take risky action in the hope of a desired result.
With this definition, you can say any risky action in the hope of a desired result in the stock market is gambling.
The stock market is the biggest boomer casino there is. it's a zero-sum game #wallstreetbets.
