They dismiss Bitcoin by referencing a video where Charlie Munger calls it rat poison with no intrinsic value.
- A rocket scientist whose firm holds 3% of Bitcoin's total supply. They are building a reputation by focusing on Bitcoin accumulation, claiming its value will continually rise.
Their strategy involves converting a $100 billion company’s capital markets, including its bond market holdings, to Bitcoin.
Most might pick options #1 or #2 due to a dislike of billionaires.
That's why they may remain financially challenged.