His father expressed skepticism about Bitcoin for the exact reason you have said. But ultimately while he supported the gold standard for the USA's official cur

His father expressed skepticism about Bitcoin for the exact reason you have said. But ultimately while he supported the gold standard for the USA's official currency, he also supported "currency competition" where people could issue private currencies so anybody could opt out of the dollar. Whether one thinks the idea is stupid or viable, it was actually at least consistent.