Oddbean new post about login | logout Its really bizarre to me how people talk about that kind of stuff on here. It reminds me of how people talk about MLMs.
I think for most of the cultists it's basically the same. They bought into it and will make more money the more other people buy into it too, it's really not that different. Of course, Bitcoin fixes everything, but mostly what people want it to fix is their financial situation.
Personally I like buying precious metals. Sure I can't spend it either but its nice having something physical and knowing no matter what it'll have some value.
Physical holdings will always stand the test of time. "Only when the last tree has been cut down, the last fish been caught, and the last stream poisoned, will we realize we cannot eat money." I'm not proposing that we should ever go back to a time before currency, but I think it's worth remembering.