There is a passionate dislike of Peter Schiff within the BTC community. Grayscale, a BTC ETF launched a "drop gold" marketing campaign. Gold would be an example of exactly the kind of investment people buy and hold.
There are also dividend investors and critics of today's high valuations, buybacks, et cetera. Stocks are an interest in a company that in ideal terms should be creating value. Bitcoin is a medium of exchange at best. Even if you accept that it is a store of value, that is distinct from a company that turns profits.
I don't disagree that there are plenty of shenanigans going around, but nor do I accept that as excusing the problems with BTC.
There are also dividend investors and critics of today's high valuations, buybacks, et cetera. Stocks are an interest in a company that in ideal terms should be creating value. Bitcoin is a medium of exchange at best. Even if you accept that it is a store of value, that is distinct from a company that turns profits.
I don't disagree that there are plenty of shenanigans going around, but nor do I accept that as excusing the problems with BTC.