It's hard to take seriously an argument that recycles the tired trifecta of tropes "tulips, beanie babies and drug dealers". I don't know if bitcoin will event

It's hard to take seriously an argument that recycles the tired trifecta of tropes "tulips, beanie babies and drug dealers". I don't know if bitcoin will eventually become a low level store of value, or if the red hats now running US government will use it to reduce the nation's indebtedness, or if it will gradually fade away as people lose interest, or if it will crash and burn over a weekend. But I am quite certain that the current system of government currencies, sanctions, repression and surveillance is unsustainable in the long run. One look at the stupendously large debt that can never be repaid should make it obvious that the current state cannot continue forever. Nobody knows how long the long run is, but the fiat system has been flashing signals of stress and potential fracture for at least twenty years. Maybe governments and central banks can keep papering over its fault lines for another decade. But when a thing cannot continue forever, at some point it will stop. Is bitcoin the replacement for the base layer? Or is it at least a way to preserve some wealth, outside the increasingly rickety nation-state-fiat system? Some mainstream finance leaders who manage trillions and are far smarter and better connected that I am, seem to think so. I don't know, and you don't know, but there's more than enough evidence that there's something real here. It can't be easily dismissed as just beanie babies, tulips and drug dealers.