My guess is that his first objection is some variant of "greater fool theory" which is itself a variant of "no inherent value." Essentially, he believes that you only make money on Bitcoin by buying it low and dumping it at a higher price.
To try to move the needle, I might say something like,
"I believe you're thinking about Bitcoin wrong. You are seeing it as an asset, but I am arguing that it is better understood as money." ... and see where the conversation goes from there.
IMO you have the right strategy.
My guess is that his first objection is some variant of "greater fool theory" which is itself a variant of "no inherent value." Essentially, he believes that you only make money on Bitcoin by buying it low and dumping it at a higher price.
To try to move the needle, I might say something like,
"I believe you're thinking about Bitcoin wrong. You are seeing it as an asset, but I am arguing that it is better understood as money." ... and see where the conversation goes from there.