That’s irrelevant. Money is different than companies that make things. Had* a CAGR of ~45%. The list of companies that have outperformed Bitcoin for many years now is not short. Some people want to own these companies. The idea that no company produces value in bitcoin terms is moronic. “I know you like this company and would like to own a piece of it, but have you thought about not doing that and just holding money?” Like what are we doing here

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Dillard’s has returned 50% more than Bitcoin over the past 5 years. We can cope about it, but there are better performing assets out there over and people want to invest in them. Bitcoin doesn’t obsolete investments