Bitcoin was meant to be fiat money, but one without any central bank. Instead, it is being treated as a financial instrument where you make an "investment" and you can buy almost nothing with it.
If you're being sold Bitcoin or any other crypto as an "investment" where you might receive a "return", you're participating in a Ponzi scam.
If you're buying crypto so that you can use it to make a payment (e.g. Lightning payment to your favourite podcaster, or buying a pizza), then ok carry on.
If you're being sold Bitcoin or any other crypto as an "investment" where you might receive a "return", you're participating in a Ponzi scam.
If you're buying crypto so that you can use it to make a payment (e.g. Lightning payment to your favourite podcaster, or buying a pizza), then ok carry on.