Also I hear about lots of paper Bitcoin millionaires but I don't know anyone who cashed out and bought land or a mansion via Bitcoin wealth.
And if no one is really cashing out and there isnt much regular day important commerce utilizing the bitcoins then it seems more the pyramid scheme
The reason they're not cashing out is because BTC value will only rise in the future due to scarcity and more widespread adoption. The old coiners sell a bit to cover their costs and live comfortably but that wont make the news.
The reason they're not cashing out is because BTC value will only rise in the future due to scarcity and more widespread adoption. The old coiners sell a bit to cover their costs and live comfortably but that wont make the news.