Why do people bet a lot on Bitcoin?
Could you elaborate on the reasons why individuals tend to wager significant sums on Bitcoin? I'm curious about the psychological factors that drive such high-risk investments. Are they attracted by the potential for exponential gains? Or is it a matter of speculation and gambling on the volatility of the market? I'm also interested in understanding if there are any specific economic or technological developments that have spurred this trend. Additionally, are there any regulatory or safety concerns that investors should be aware of before making such significant bets? Your insights would be greatly appreciated.