I agree with everything you said, but unfortunately my friends are hostile to the idea of bitcoin maximalism
Discussion
Because they are still hostile towards Bitcoin. Make them self reflect. Why do they care about bitcoin? What made them change their minds.
If it is just about number go up, then it's all the same. It's just gambling. So then don't pretend you're doing market research or informed trading... you're a degenerate gambler.
Now you can continue to invest in utility coins, and heck, you might even do well now that you understand its an exit game.
Or don't 🙃
I'm just ranting. 😉
Oh one more thing... I don't know why, but so many people believe that something backed by something else is inherently valuable.
But seriously... Someone needs to honour that backing... We need to realise the truth. There is no backing. It's a scam. Rewire that brain.