Part 4/17:
Barhydt emphasizes the importance of understanding Bitcoin as a multi-decade, generational wealth-building project. While short-term dips—similar to the notable 30% pullbacks—are psychologically challenging, he advocates for holding through volatility, comparing the process to a strategic military operation where resilience and long-term vision prove critical. He dismisses fears of large drawdowns like an 80% collapse, framing Bitcoin as a "business" of transition, akin to the "Godfather II" analogy he fondly mentions: a risky but essential journey to a new financial order.