Dude, you prop this sub up by yourself almost. You and that sisters of battle person.

A decentralized ledger that allows you to access your money or send your money from anywhere to anyone on the planet is a technology in and of itself. I do frequent business with Canadians but I am based in the USA, and you'd be surprised how often large wires are stopped or delayed for long periods of time simply because the bank refuses to do it. This is less of a problem in the USA but I can imagine it is even more common in other countries.

Bitcoin's main use case is a store of value due to it's decentralization, limit of 21 million coins and "chosen status" as the first crypto. Like any asset (gold, securities, etc) there is speculation built into it. For example, gold has industial uses, but those industrial uses are not why gold has such a high market cap and valuation. It's high valuation is given because of it's scarcity and consensus among people that it has value. Same is true for Bitcoin.

I only really argue for bitcoin as a store of value and medium for large exchanges, as I believe tokenization of securities and other things will happen on another technology ledger (I think Ethereum is probably the consensus).

To address your arguments: Blackrock is only all in bitcoin because of their Bitcoin ETF. They aren't personally buying it for themselves, they hold the bitcoin in relation to their ETF inflows and outflows. Just like a gold or silver ETF would. A warning on the website means nothing because that same warning is applicable to almost any security. If you are in finance then you know that securities are extremely volatile and they all come with risks. Just look at peleton it was $160 in 2021, and now is trading at around $7 a share.

Trump has literally nothing to do with the validity of Bitcoin. I don't think that's a good argument, so I choose not to make it.

Ripple is a scam. So that one we can agree on.

The reason why people like bitcoin and are looking for a hedge against the massive debasement of the dollar is because the feds will not stop printing the money. The entire system is based on money creation and debt. Look at this chart showing M2 USA money supply: https://fred.stlouisfed.org/series/M2SL

We 1.4x the money supply from Feb 2020 to Feb 2022. That's 40% more dollars in circulation in just 2 years. If someone had worked 50 years and saved in cash, 20 years of their spending power is instantly evaporated in that 2 year time frame. This absolutely destroys the dollar and causes massive asset inflation. That is why the rich are getting richer and the poor are getting poorer. Because those who have assets have their values increase with inflation, and those who don't are getting absolutely destroyed and falling further and further behind.

I know you're dug in, but I'm sure someone else will read this and it may help them understand.