Around 1929, with the rise of aviation, automobiles, and trucks, railroads were considered an 'outdated old industry,' and no one was optimistic about them. Precisely because everyone dismissed railroads, their stock prices were pushed far below their intrinsic value. In the end, those who invested in railroad stocks made money, while those chasing aviation stocks during the same period ended up losing. I feel like Bitcoin today is a lot like railroads in 1929. Many people have been deeply hurt, given up, walked away, and even stomped on it. Don’t forget the road we’ve traveled. Bitcoin is the product of the most rebellious, innovative group of people challenging the authority systems. It’s the only system that has no CEO yet continues to operate. Fast forward to a 10-year time frame: AI is great, but Bitcoin isn’t bad either.