Why would they in the first place? It would be like a newspaper buying gold. If investors want to buy bitcoin they can just do that.

With how volitile the USD is under ahem this administration, Bitcoin is probably the slightly less shittier option.

Businesses are following the lead of Microstrategy with keeping BTC on the treasury books to increase profits and hedge against inflation.

The metaverse is for creating, not really for visiting. If you are an artist, creating worlds in 3d in VR might be interesting to you. I wouldnt look at it as a way to make money, more of a hobby tool.

In the way that none of those other ways are fundamental to it's intended use by it's creator as an actual currency.

But now they're essentially just a bitcoin proxy, they even changed the logo to have a bitcoin on it.

Now that there's lots of ETFs and stuff, why buy Microstrategy and not just bitcoin?

In what way is Bitcoin not fundamentally a scam? There are multiple interpretations of "Bitcoin is a scam" you can take, and honestly with most of them I think it's been true the whole time.

Edit: I think some folks are parsing my sentence incorrectly, and I can't blame them. I didn't do a great job communicating. When I said "in what way is it not a scam" I didn't mean to make it sound like an exclamation like "how can you not think it's a scam!?", I am saying, "which specific way of people referring to it as a scam do you believe is wrong?"

Right, why invest in a rug pull coin when I can invest in an ETF of all the rug pull coins!

Most people shouldn't buy them until more places accept them for payment.

It's not going to happen. You can't price things when the value of the currency changes every 10 minutes.

Bitcoin is the only crypto that has been approved by the SEC to be included in ETFs. So far.

It's not a scam. It's also not immune from valid criticism, but people who call it a scam don't understand it well enough to make those criticisms.

What putting money into crypto does is empower early bitcoin speculators

So you're saying there's a chance? Heh heh heh... Only a matter of time.

There are plenty of things that aren't created by scammers to be scams that people call scams.

I agree and in fact I feel the same with AI.

Fundamental cryptocurrency is fascinating. It is mathematically sound, just like cryptography in general (computational complexity, one way functions, etc) and it had the theoretical potential to change existing political and economical structures. Unfortunately (arguably) the very foundation it is based on, namely mining for greed, brought a different community who inexorably modified not the technology itself but its usages. What was initially a potential infrastructure for exchange of value became a way to speculate, buy and sell goods and services banned, ransomware, scam payments, etc).

AI also is fascinating as a research fields. It asks deep question with complex answers. Research for centuries about it lead to not just interesting philosophical questions, like what it's like to be think, to be human, and mathematics used in all walks of life, like in logistics for your parcel to get delivered this morning. Yet... gradually the field, or at least its commercialization, got captured by venture capitalists, entrepreneurs, regulators, who main interest was greed. This in turn changed what was until then open to something closed, something small to something required gigantic infrastructure capturing resources hitherto used for farming, polluting due to lack of proper permit for temporary electricity sources, etc. The pinnacle right now being regulation to ban regulation on AI in the US.

So... yes, technology itself can be fascinating, useful, even important and yet how we collectively, as a society, decide to use it remains what matters, the actual impact of an idea rather than its idealization.

I think you're doing a disservice by saying everyone who calls it a scam doesn't understand it well enough. It's not like everyone saying it is a scam are doing it for the same reason. There's a variety of reasons people have for doing it.

People can all have different reasons for a thing and yet all still come to the wrong conclusion. Bitcoin just doesn't meet the criteria for a scam. It's one thing to not like or trust it for legitimate reasons. It's another thing to denounce the thing you don't like or trust with an invalid accusation.

I due not want my corporation holding Bitcoin, if I want exposure I'll buy Bitcoin directly. They should be holding a bit of debt optimally.