Bitcoin - A Purely Speculative Asset

After a 50% slump, the cryptocurrency’s speculative investment story won’t be so contagious.

https://www.bloomberg.com/opinion/articles/2021-06-23/bitcoin-btc-millionaires-aren-t-the-same-after-tumble-to-near-30-000 

Related:
https://www.project-syndicate.org/commentary/risks-of-el-salvador-adopting-bitcoin-by-paola-subacchi-2021-06