I remember my first 4 year cycle

Bitcoin is an asset and a network. His understanding of Bitcoin the asset is undeniable. However, he does not seem to understand the network aspect of Bitcoin. It will fulfill a need as a digital medium of exchange for millions of unbanked around the world. Also if you look into some www history, specifically http stats code 402, it is clear that there has been a need for a native digital currency since the inception of the internet.