When normies ask me why the price is going up, I’m thinking about responding with something like this.
“Fiat currencies are in various stages of a slow moving debt spiral. Governments are increasing their issuance of bonds in order to finance their debts. In order to be able to afford to make payments on these debts without unpopular austerity measures, they are devaluing the currencies through inflation. Bitcoin gives individuals a way to opt out of this. Maybe the price is going up compared to fiat monies because more people are opting out of the inflationary system to protect their purchasing power.”