“There is nothing here tangible to invest in.”
Thats actually not true but whatever. I don’t feel the need to convince people otherwise.
I feel the same way, outside of some friendly discussion for curious people who have misapprehensions about bitcoin. The discussion about bitcoin’s legitimacy is already over (FIS’s news alone about adding 20% crypto to your retirement account should be enough by itself).
Some people just haven’t gotten the memo or have an instinctive aversion to it. Which is fine, if it’s not your thing it’s not your thing. They’ll be quietly kicking themselves when BTC tops $100k and beyond.
You can’t explain it because it doesn’t exist.
You are gambling, not investing