Money is a base layer of civilization, so it's hard for people to understand Bitcoin until

they really understand money and a lot of people think that they understand money because

they use it, they earn it, they spend it, they save it, whatever, and maybe even they invest it,

but really most people don't understand money or how it works or what it does or whatever.

And part of my pitch is, okay, do you actually understand how money works?

Here's the Federal Reserve system, here's the system of central banking,

here's the hot money, do you understand where loans come from, like your mortgage?

Do you know where that come money actually comes from?

Buffett said, if you told me you owned all the Bitcoin in the world and you offered

me for $25, I wouldn't take it because what would I do with it?

What would you say when you see comments like that?

How do you process it? How do you explain it? Just give me your thoughts, dude.

It's hard to get a man to understand something if his job depends on not understanding it.

That seems to be the case with Munger and Buffett and many of these older people.

Everybody wants the upside of Bitcoin, but they're not willing to take the volatility.

What they want is essentially something that doesn't exist.

They want risk-free return forever. That doesn't exist.

Hey, what is the purpose of my life or what am I doing all of this for?

And if you don't have a good answer to that, it's going to be very unsatisfying,

even accomplishing certain things.

I narrowed my life down to four things, and if it doesn't fit into one of those categories,

I just don't do it anymore.

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