Was he drunk? He was babbling, he said "early adapters"  instead of "early adopters" about 4 times and said nonsense like "when you're storing Bitcoin you can put a value there and say it's representing gold or other things like that". Wow, that's the best rebuttal he had to the original point, which was that Bitcoin is not backed by a government or gold. Honestly he didn't sound confident talking about Bitcoin at all.