I love it when people try to use the ‘Greater Fool’ theory to try explain that Bitcoin is a scam… as if the entire Equity market, Bond market, Real Estate market, and in fact even the concept of money itself isn’t also based on the simple idea that assets are a store of value that you can exchange for a (hopefully higher) price in the future. That’s so laughable to me that folks like Charlie Munger or Warren Buffet would claim this. They themselves are the kings of playing a ‘Greater Fool’ game for decades!