That kind of digging is what saved me from the dotcom bubble (and I was a very early investor in Amazon and a few other relatively solid dotcoms and could have gotten trapped if I hadn't luckily been very honest with myself about what I saw in the weeds).
Tesla is a little bit like that. It has some incredible technology and produces a great product (the cars), but it is heavily dependent on artificial demand (created by the media/culture and made affordable by the government).
As you probably know, when you get way down in the weeds on any subject, you start to wonder if you haven't missed something. Ergo, I might be missing the intrinsic value of cryptocurrency just because there is a massive amount of detail down in those weeds.;-)
Every bitcoin critic reads from the same battle card, and just below “tulip bulbs” and “ponzi” you’ll always find the “no intrinsic value” catchphrase instead of a real argument.
Reading bitcoin threads over the past few years on FreeRepublic, I can safely say that large amounts of Freepers hold beliefs about Bitcoin that are exactly the same as the DU and woke crowd.
You’d think that now that Trump finally gets it, Freepers would too. But I’m not holding my breath.
Too many people just can’t stand admitting that they’re wrong, and will continue to pimp fiat bankruptcy until the end of time.
I think it’s a generational thing. A lot of older folks simply need government to give a currency value because that’s what was drilled into them for four to five decades. They don’t understand digital assets, don’t want to understand them, become angry, and start spouting catchphrases rather than embracing the chance to learn something new and exciting.