Without Bitcoin, we will need to build huge banks, iron vaults, buildings, to protect our money. So no one can take it away from you. So Bitcoin has value. The same reason why governments use armies, spending resources, tanks, airplanes, human resources, etc to protect countries borders. The value of bitcoin is its unbreakable maths. Hence bitcoin has value. It’s obvious like DAY vs NIGHT.
There is no absolute trust out there in the wild. Bitcoin comes at the right time. In the future governments will use bitcoin as the standard of international trades between them, because that way they can trust each other. It’s more efficient and much better than gold or anything else (lighter, faster). Govs will realize that they’re who need bitcoin the most.
In other videos, Buffett said that he doesn’t invest in crypto because he doesn’t understand crypto.
[https://youtu.be/XUsgoPAes8w](https://youtu.be/XUsgoPAes8w) (this is so bad)