Frustrating bitcoin conversation.

I recently had a discussion with my coworker about Bitcoin, and let's just say it wasn't fruitful. I tried explaining that: - Bitcoin's value is based on consensus, just like any other currency. It's not inherently valuable like gold or silver. It is a CURRENCY and does not have intrinsic value. - He also insists that Bitcoin halving means the price will be cut in half. Failing to understand my explanation that it refers to the reduction in the rate at which new Bitcoins are created. - He argued that Bitcoin's value was too high for it to be used as a currency. Not understanding that it is divisible. You don't need to transact in whole coins. - But after making these points, his arguments became increasingly illogical. He seems completely convinced that Bitcoin is somehow fundamentally different from other currencies and that its value is tied to some mystical, non-existent intrinsic worth.

I'm at my wit's end. Every time I see him, he brings up Bitcoin.

Anyway, rant over. Thank you for coming to my Ted talk. Feel free to tell me if I'm wrong.

Edit: Some people seem to have interpreted this as me pursuing the conversation. I merely listened to the things he was saying and tried to explain what I understood. I'm not saying I know everything or need to teach him. I just don't believe it's ethical to hear someone say something false and not correct them. I would expect the same courtesy from other, and I am always willing to learn.