Sometimes people speak of Bitcoin and I get a moment of disorientation before I realize they're speaking of it as an *investment*.

Like gold, oil, Nvidia stock, etc.

There's nothing wrong with that, but it's a single dimension: up good, down bad.

Corollaries:

1. This is fungible: there are other investments, some of which may be better at going up.

2. They may be "really into" Bitcoin, but it's a phase: some other financial winner will come along.

3. There are no deep insights here, just a lot of effort to predict numbers.

4. They're not wrong: finance is important. But for me it's like doing my taxes: I do it, but I kinda resent the time I spend on it.