Seeing this a lot. My two cents: the novel value of bitcoin is that it is user-run money that is both censorship and debasement-resistant. Far as I can tell nothing has changed about that. However bc the current admin is so on board with it, the censorship part may seem less valuable, but just wait a few yrs, that could come in handy (it already does in many emerging/frontier mkt countries).. and debasement is alive and well, even dogs know that aint ever stopping. I just think it's youth makes it volatile and price tends to govern narrative and value way too much for ppl (same goes for stocks and bonds at times). Gotta see through all that. Price is a smoke screen that the most successful investors have learned to see through/ignore.(Eric Balchunas)