Met some nice folks at a restaurant in NYC tonight. They work in finance and when I asked if they invest in Bitcoin they said, “No.” “Why not?” I asked. Responses: “It’s a Ponzi scheme.” “It’s not a company with cash flows and products.” “My $NVDA outperformed Bitcoin.” “It’s too volatile to be a currency.” “It uses too much energy.” *They capitulated on this one when I asked if they’re okay with AI energy use. “Who created it? Nobody even knows. What if Satoshi were to come back.” “You can’t do anything with a Bitcoin.” “I’m too late.” Sigh.