Yeah, that isn't even remotely true. Even if the share price of Microsoft went to $0.00, the company would still function in the short term, because they have revenue streams, cash on hand, tangible assets, et cetera. This is because Microsoft has actual value beyond the speculative. They have hundreds of billions of dollars worth of property (intellectual and otherwise), along with an enormous customer base that buys their products.
Bitcoin is nothing like that. Its only value is as a terrible currency which is barely utilized, and of course as an extremely volatile speculative asset. If I buy ten Bitcoins today and the price stays the same, I get nothing. If it goes to zero, I lose everything and get nothing in return. You might think, well that's normal for shareholders when a stock is wiped out, but it's only normal because most companies have creditors that need to be made whole before shareholders get paid.
With Bitcoin you wouldn't get anything because there isn't anything to actually liquidate—it's nothing but fairy dust. When you buy Bitcoin you are buying the hope that more people will buy Bitcoin. That's it. Once people stop buying it, the game is over. Once people realize that and start selling, it just becomes a matter of who can get out in time to not lose their ass. It's a simple game of trying to fuck other people over for their money while you try not to get fucked over for yours.
You need to stop pretending that this isn't the case.
