OGs might be motivated by other reasons such as tax shelters and legacy. And fiat gains can always be converted into bitcoin. It’s how the vast majority of bitcoiners stack (BTFD!). I get paper bitcoin has the potential to cause a lot of problems, but at least it’s skin in the game for a lot of people who otherwise wouldn’t know where to begin. Leverage is what’s going to sink a lot of these companies. Tale old as fractional reserve