Personal Finance and Investing

doesn't understand BTC.

Other crypto, like dollars, can be "printed" & thus inflated at the whim of whatever central authority controls its production.

The production of BTC, on the other hand, is limited to a set amount. It may go up and down as a result of speculative buying and selling, but it can't be inflated.

(Some people complain that BTC isn't backed by anything and has no inherent value; it's just a contract or concept. But the same has been true of dollars since Nixon detached them from their backing in gold. Both BTC and dollars are "fiat".)

BTC's price fell a bit over the last week or so, and it's more volatile than many other investments; but here's a chart comparing BTC performance to that of the S&P500: https://www.google.com/finance/quote/.INX:INDEXSP?comparison=BTC-USD&window=5Y

All of that said, I'd never put all my financial eggs in the BTC basket; and no one should take any of this as advice.