I have a friend who is around 64–65 years old. We have known each other for a long time and have a good relationship. He is also financially well settled.

In 2016, when Bitcoin was about $500, I told him many times to invest. I said even 2–4 Bitcoins would be enough. I only gave advice and never forced him. But he refused. He said, “There is nothing physical to hold. It’s just a code… like air.”
Even today, he is confused about how something worth $500 reached $100,000.
Many people in government think in a similar way — they reject what they don’t understand.