Bitcoin: A Long-Term Buy?
Bitcoin has been one of the most lucrative investments to be in during the last few years, but will it continue to be so, say, in the next 5-10 years? A Bitcoin Bull and a Bitcoin Bear battle it out.
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My main tool for fundamental screening and analysis of stocks: app.tikr.com/register?ref=tsi
(If you sign up I earn a small commission)
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How the calculation on gold was made:
50 B.C. yearly salary (Caesar legionnaire) = 225 silver denarii = 9 aureus = 2.6 ounce of gold
Source: en.wikipedia.org/wiki/aureus
1900 average American yearly salary = 40/59 * $675 (40-hour week) = $458
Source: bizfluent.com/info-7769323-hi...
2019 average American yearly salary = $65,836
Source: policyadvice.net/insurance/in...
50 B.C. price of 1 ounce of gold = 12/2.6 = 4.6 months of work
1900 price of 1 ounce of gold = $20.7 = 0.45 months of work
2019 price of 1 ounce of gold = $1,393 = 0.25 months of work
Source: www.statista.com/statistics/2...
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My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there - investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties - I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process - upgrading your money-making toolbox.
Пікірлер: 794
This video has been in the making for quite some time. During the last few weeks the volatility of Bitcoin has caused some of the comparisons I make here about the market cap of the crypto to be a little off, but in my opinion, not by so much that the comparisons lose their meaning. I just wanted to be clear on that. Some of the data is from the end of May 2022 because of the long lead time of the production of this video. Hope you enjoy it nonetheless!
@patrickmarcu3238
Жыл бұрын
Thank you for your efforts!
@lionethics6887
Жыл бұрын
Great neatral video. Thanx.
@Tommyownzz
Жыл бұрын
That was awesome vide9, thank you!!!
@ndog666gaming
Жыл бұрын
wonderful video :)
@ishayteboul5177
Жыл бұрын
Thank you very much for your video, you are the best! 🏆 P.s I'm in mister bear team :)
I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market.....can anyone help me out or at least advise me on what to do?
@silencer_212
Жыл бұрын
Trading with an Expert is the best strategy for Newbies and busy Investors who have little or no time to monitor trade.
@borischandan8858
Жыл бұрын
I would recommend you trade with an expert like Helen Nicholas she's the best
@elizabethmorgan2458
Жыл бұрын
@@borischandan8858 Wow, I'm shocked you just mentioned and recommended Mrs Helen Nicholas, I thought I was the only one trading with her
@unrivaledinvesting
Жыл бұрын
@@elizabethmorgan2458 You don't need to be shocked because I'm also a huge beneficiary of Mrs Helen. Her good works has earned a good name for her
@unrivaledinvesting
Жыл бұрын
She earned my trust since October last year, when my colleague got paid $9500 after investing about $3000.
by far the best 'debate' I've ever watched, thank you. It would be nice to touch on some other things like real use cases of the blockchain.
@TheSwedishInvestor
Жыл бұрын
Catalin Stan, thanks a ton for the support! Then maybe there will be more videos like this on the channel in the future (on topics outside of cryptos too, suggestions?). Cheers to you!
@zerotwo7319
Жыл бұрын
There is no other uses for blockchain. Is just a realy slow database
We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated.If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
@Moonlambo2377
Жыл бұрын
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance,but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.
@KevinCage.
Жыл бұрын
How can I contact this adviser of yours? because I'm seeking for a more effective investment approach How good is this person at portfolio diversification, particularly with regard to digital assets?
@harleyb.birdwhisperer
Жыл бұрын
Calm yourself. The sky isn’t falling. Inflation was induced by the Covid stimuli, and made worse by a war in Europe. Rates are being raised to combat the flood of money. The other option is to tax it out of the economy. The relation between productivity (GDP) and money supply is usually one of mostly equilibrium (ignoring the accepted 2% annual rate). That was upset by a flood of $ and is seeking a new balance.
Excellent video. You’ve really taken the time to understand the narratives. Love it! Subscribed and liked.
Best video about it I've seen so far. You put it in a very clever way. You've got a brazilian fan now. Wish everybody from my country could see it in portuguese. Congrats, buddy.
I love how Mr. Bear is against Bitcoin but actually has a lot of knowledge on it, unlike 99% of people who have the same position. :)
@Blondul11
Жыл бұрын
Every software engineer I know that understands how Bitcoin works stays out of it or deals with it like a gamble. Not an investment.
The "now vs. later" argument came up a lot in the bulls retort. Cryptocurrency has been around for 14 years. Using the internet as a comparison, that technology became publicly available in 1991. I put forward that it did not take 14, or even 4 years for the internet's usefulness to be widely understood. What's the holdup?
@HonourTAG
Жыл бұрын
Bitcoin is attempting to capture global commerce and replace our legacy financial systems that have many state actors that are fighting to keep it. The pushback on mainstream Internet adoption was negligible and mainly came from industries that were impacted negatively from their products being dematerialised due to the Internet. Just not sure this scenario can be an apples to apples comparison.
@weSlaughter66
Жыл бұрын
The fact that you think the internet can be equated with something like crypto might mean you need to educate yourself a bit more.
@sprinkle61
Жыл бұрын
@@weSlaughter66 Many people compare the two because they are both technological innovations with wide ranging possibilities. The difference is that Bitcoin is adopted for widely different things than its endgame possibilities. Its as if we replaced scratching records in music with dialup sounds. I may have 'used' the internet in music doing this, but not in the way it was intended. Its the same with Bitcoin. Its been adopted as a wild speculation, while its endgame uses still are 99 % theoretical, so its very different from the internet, at least until people actually start using it for payments.
@fantasy9917
Жыл бұрын
@@weSlaughter66 True. The internet actually does something.
The whole conversation left me at a middle point. I myself am more inclined to bear but Bitcoin does have some promises that cannot be ignored. I will have at least 1% of my portfolio invested in it, same as gold and other non productive assets.
@vancouversworstdrivers
Жыл бұрын
Same here. I like the idea but if can go bust any time which is scary
@tavorebisu
Жыл бұрын
@@vancouversworstdrivers exactly, to be honest - I'd not like any part of my investment going down but hey, there are always risks
@participant2751
Жыл бұрын
This is one of the reasons why value will increase. This will be reflected in price, and that is exactly what incentivizes further adoption and development of uses.
I'm new to forex/Cryptocurrency and I find it difficult using these strategies well. Where can I find a legit broker? than will manage my account and also teach me how to trade.
@janenix4770
Жыл бұрын
Checkup Stella Logan. She's really one of the best and legit traders available right now.
@walterrobert3865
Жыл бұрын
@@janenix4770 I started my investment with Stella Logan last year with $2000, now I get a minimum of $6000 weekly. Most of my friend’s trade with her.
@junium4332
Жыл бұрын
Wow it's nice to find people who also trades with Stella Logan. She's been managing my trade for months and I keep making profits every week. I made $7,130 last week.
@robertfrancois5647
Жыл бұрын
just googled about her now and she looks legit, how do I get in touch with Stella Logan. How can I contact her please?
@luisgarciard4254
Жыл бұрын
I've heard a lot about this expert Stella Logan but I and my colleagues at work was skeptical to invest due to fear. i think i am willing to give it a trail, how can I reach this expert?
The best Bull vs Bear case ever made for Bitcoin. I'm a 🐻🐨🐻❄️🐼
Mrs Sonia is legit and her method works like magic I keep on earning every single week with her new strategies
@josephbiturus4409
Жыл бұрын
@Jose Salvador She is always active on 👇
@josephbiturus4409
Жыл бұрын
What s app 👇
@josephbiturus4409
Жыл бұрын
私は今幸せです✜❶➎➑➊➐➍➊➒➏➊➎私はとても幸せです......
@josephbiturus4409
Жыл бұрын
Get in touch with her, Tell her I referred you 👆
@paulgrenier5206
Жыл бұрын
Wow I'm just shocked someone mentioned expert Mrs Sonia How did you met her? I thought am the only one trading with her.
man i see bitcoin more as a store of value than a new currency. i don't understand why people still think bitcoin is going to be the new money
@erichong4786
Жыл бұрын
Because that is more attractive than being a store of wealth. A store of wealth has many, many competitors such as food, futures markets, housing, gold, silver, etc... currencies are usually only available on a country by country basis and is more flexible to change over the long-run.
What a great way to explore arguments of both sides! Awesome video:)
In one word: Sensational summary! bravo and thanks for it :)
Awesome video! This video turned me into a new subscriber. Personally I am a bear but if a lot of “ifs” go the bulls way then maybe it can work out. Great work!
This is a really well balanced debate between you and yourself. Thanks for making it!
@ghostmane2643
Жыл бұрын
Seemed biased
@JBayney
Жыл бұрын
@@ghostmane2643 In who's favour do you think?
Hah, I didn't know you knew this much about crypto. Great video! I'd love to hear more.
The subject was covered very well! Interesting comments to this video as I see the word 'trade' a lot below. Seems people are still enamored with the 'buy low and sell high' mantra. I come here for your excellent value trading information and owning great companies. Keep up the great work, it's really insightful!!! Also, thanks for the info on TIKR as I have been using it now for a few weeks. Albeit, I'm mostly doing confirmation bias on companies I own stock in. Soon, I will be using it for new investments as I like the global screener tool quite a bit
fantastic overview of the pros and cons imo.
Excellent video!! Congrats! Debating on a topic is the best way to approach it!
Wow, this video is an absolute gem, and will blow up at some point! Learned a lot and was super interesting - thanks man!
Great video! as always! keep doing more often if you want!
This is a great, awesome video! The fact that I didn´t know anything about this shows me that Crypto is yet highly speculative. I think it´s still the age of return Investment. Thank you for this great video!!!! Keep the quality up there ;)
Wow very well made video. I enjoyed the bull and bear debating this. I think it is a high risk, high reward type of investment and with that, a small allocation should be enough to capture huge upside if it moons. Also as it is so volatile, it makes more sense to allocate during the bear market and rebalance in the bullmarket.
@chesschicken1698
15 күн бұрын
That's the same as trying to time the market. Just DCA into it and hold
The writing of this is incredible. Amazing work.
Great video! someone knows wich software is used to make the drawings?
I love your videos, this is your best yet!
I think this is the best video you made, so far. This is my first ever comment on KZread. This video is so great that I couldn't close the browser without commenting.
@TheSwedishInvestor
Жыл бұрын
Emerson thanks a ton for the support! I'm glad to hear you enjoyed it!
Awesome video explaining the aspects of both sides .... Now it depends solely on you where you go
This is truly one of the best videos on KZread I've ever watched, and I mean that. An amazing take on BTC for both sides, which opened my eyes to a lot. I'm a very small investor in BTC, it's literally less than 1% of my net worth, but in this current market crash, I do want to put more of my money into it to see what it can really do for me in the next decade. But I think I'll only ever take on a 10% net worth risk to it maximum.
@TheSwedishInvestor
Жыл бұрын
Everyquid awesome to hear that you enjoyed the video! NCheers!
@tomwensley8192
Жыл бұрын
Good comment. For me ETH and BTC make up around 4% of my overall portfolio with the rest in shares and property.. I think many people and investment funds will maintain a similar approach with Crypto making up the riskiest element of a diversified portfolio.
As much as I would have loved this to talk about DeFi and how to generate cashflow with unproductive assets, as well as a more in-depth discussion into the use cases and technology of other cryptocurrencies, this is a great video with some very balanced arguments!
@TheSwedishInvestor
Жыл бұрын
Cheers Roz, glad to hear that you enjoyed it!
@se6586
Жыл бұрын
Defi is just programmatic ponzi schemes
@roz9318
Жыл бұрын
@@se6586 While this is 100% definitely true that there are Ponzi Schemes, such as Anchor, it is disingenuous to say this about the entire field. There are some extremely sustainable and innovative projects out there, such as Aave, AlpacaFinance and Curve!
@se6586
Жыл бұрын
@@roz9318 algorithmic distribution of new money and pooled capital is still just a Ponzi scheme. The idea of bitcoin and is to get away from the fiat+interest system. Noobs are directly importing the garbage from the traditional system because you think 7% is a high interest rate.
@roz9318
Жыл бұрын
@@se6586 2 of the products I mentioned either are or provide lending protocols, meaning you can deposit collateral and then take a loan while earning interest on your collateral. This model is funded by the borrowers to incentivise the lenders. This is not a ponzi as "first investors" don't get rich off of new investors in a chain, and is a real sustainable "business" with verifiable cashflow. And while you're correct about some of the concepts being imported from traditional finance, the difference here is the rates are low and the barrier to entry is lower due to the fact that there are no credit checks, kyc or verification of any form needed
Absolutely stellar presentation! ty
Also with morningstar key ratios gone, is there other websites where I can see last 10 years financial data of delisted companies?
The first video which points out advantages and disadvantages. Great video!
Best video on Bitcoin I have seen. I am with Mr Bear on this one.
Thanks, very interesting!
Fantastic job! Thank you!
which software you use for animations ..?
18:01 Where can I find this tool?
Great video. Do you think property will perform stock market in the long run?
Such good insight , thanks !
Well even before seeing this video I did believe that anyone who is serious about their future should stay away from bitcoin. This video just increased my conviction even more... Great video👍👍👍
@Deeema
5 ай бұрын
"i already had an oppinion so no matter what video said im even more convinced now thanks" hoomans
Goog Video! Mr. Bear just missed an opportunity to tell Mr. Bull that of course fiat money has a „real value“ and that’s because Gouvernements decided to collect their taxes in this money. So at the end of the year everybody is interested in owning at least some fiat.
Hi! Do you have any recommendations on how to stop looking at your portfolio daily? I would love to be able to only do it every 3 months but it seems impossible
Great video man 👍 ... well explained
8:41 now I get it. bitcoin is meant to be hodled as value goes up and fiat is for spending as the value diminish.
Great content 👍🏼👍🏼
Respect to this channel for a great analysis. People who buy bitcoin would never get this and hate this video. Massive appreciation for this.
Well done, this is brilliant
Great video. Thank you
Fantastic video- many thanks!
@pinned_bydahboo77...24
Жыл бұрын
T̲h̲a̲n̲k̲s̲~̲~̲f̲o̲r̲ ̲w̲a̲t̲c̲h̲i̲n̲g̲!̲!̲!̲ ̲T̲e̲x̲t̲ ̲o̲n̲ ̲w̲h̲a̲t̲s̲a̲p̲✞̲︎̲✙̲➊̲➍̲➊̲➎̲➋̲➌̲➐̲➌̲➌̲➐̲➑̲ ̲🔥̲🔥̲
Amazing video! Still can’t decide though 😅
Awesome debate my friend
After watching your video, I was wondering if myspace and the company that made EverQuest had negative eps for more than 3 years before it went bankrupt? I know in my country, hyflux had negative eps for quite sometime before it went bankrupt
Thanks a lot! It’s interesting
Great video!! Both sides of bitcoin presented very nicely.
Something that was forgotten: Only Bitcoin's source code is immutable, which provides security in the blockchain. So no hard-fork or anything like that. And as far as the power consumption is concerned, it is always compared with countries. The better comparison would be with the world wide banking system.
@JustYourAverageToes
Жыл бұрын
Here we have someone using his biased bitcoin perspective, because he bought into it
@samuelneukom6662
Жыл бұрын
@@JustYourAverageToes Wrong guess, I do not own Bitcoin
Do you use Doodly to make your videos? Would you share what you use to make your videos?
Hey. Amazing video! Keep up the good work man
@pinned_bydahboo77...24
Жыл бұрын
T̲h̲a̲n̲k̲s̲~̲~̲f̲o̲r̲ ̲w̲a̲t̲c̲h̲i̲n̲g̲!̲!̲!̲ ̲T̲e̲x̲t̲ ̲O̲n̲ ̲w̲h̲a̲t̲s̲a̲p̲✞̲︎̲✙̲➊̲➑̲➋̲➑̲➌̲➊̲➏̲➊̲➒̲➒̲⓿̲🔥̲🔥̲
Much appreciate your efforts to educate.
Mr. Bear was killing it in this video! My winner.
Very good video explaining both sides!
Well researched and very entertaining. 😂 Great job man. As for me, I have an exposure in bitcoin which I'm comfortable; whether it goes to zero or to the moon.
Hey, my (over)simplistic analysis is that any currency with no inflation is as bad as those with hyper inflation. (A little) inflation is necessary so that people spend, so that the economic wheel rolls. The anti-inflation property of bitcoin is actually a bad property as a currency. If people believe the value is going up and up, then people wouldn't spend the bitcoin, then it wouldn't be a currency. Let me know where I got this wrong.
@Welari12
Жыл бұрын
What you have wrong is that these coins work in networks or "chains" and have different processes of transactions. Meaning bitcoin is something you could compare to say a cash register, which allows for transactions to take place. Then other tech such as ethhereum and solana look to become the eftpos machine and speed up the number of transactions. Not all coins have their value in their literal currency but rather support multiple other coins which build on their established tech.
So glad I sold out of all my crypto at the peak in November. Reinvested all my gains into solid, cash healthy dividend paying blue chip stocks. Can’t be happier.
Great debate, shed some light on my understanding of cryptos. Greetings from Bolivia.
@alessandroguglielmi8991
Жыл бұрын
Btw I think bull got smashed
Amazing video, thanks 🙂
Thanks for this vid!
Very interesting videos. I think blockchain technology is an important technology, but I agree more with mr Bear, holding bitcoin is more like speculative until we see the 'future'. Personally I think human still need middle-man, we need countries, border, central banks, rules, legislation in order to live in harmony. With bitcoin where there will be no rules, no border, just us-people who controlled everything. So at that time i just wonder will it be the end of countries and border and all economic system and maybe it is also the end of humanity.
Have you considered to make a video about XRP, the lawsuit etc.? I think Bitcoin is old technology, but some of the ALT-Coins are quite of alternative for possible future adoption in larger scale.
Great video. Unbiased point of view.
Great video. Thank you!
Amazing detail
@pinned_bydahboo77...24
Жыл бұрын
Let's talk, I've got something big to introduce ☝️....
Thanks. Informative as always.
@TheSwedishInvestor
Жыл бұрын
Glad it was helpful!
This is a good unbiased video on Bitcoin.
What is maybe missing is that rather than adopting Bitcoin as the global currency, central banks are more likely to create their own digital currencies. And crypto currencies are also at risk from enhanced transparency and anti money laundering rules, as illegal activities are one of their few ‘utility’ applications I fear…
I use Bitcoin’s volatility in an index account I’ve built (11 S&P sectors, gold, and Bitcoin, equal $ weights, rebalancing quarterly after earnings - last week of Feb., May, Aug., & Nov. It’s been the best performer some quarters, and I trim, it’s been the worst some quarters and I add. If you’re rebalancing, you need some volatility. If everything is always stable, there’s no point, nothing to be gained.
Great discussion
Love the Future Counter haha
great work
Best informal and debate video I've seen in a very long time! I don't usually comment on videos but this one got my attention! Tack så mycket Erik för ditt hårda jobb på denna video. Den var guldvärd, pun intended 😉! Fortsätt göra videos, uppskattas stort!
Exactly, change is part of the progress of mankind, bitcoin being for fiat. Security, growth and transparency.
Very good video. I will say though Bitcoin dose inflate! That's why the halfing is a big deal. And it isn't a good use case because there is already faster and better and more Sucre cryptos out there.
Tack för info....:)
@pinned_bydahboo77...24
Жыл бұрын
T̲h̲a̲n̲k̲s̲~̲~̲f̲o̲r̲ ̲w̲a̲t̲c̲h̲i̲n̲g̲!̲!̲!̲ ̲T̲e̲x̲t̲ ̲O̲n̲ ̲w̲h̲a̲t̲s̲a̲p̲✞̲︎̲✙̲➊̲➑̲➋̲➑̲➌̲➊̲➏̲➊̲➒̲➒̲⓿̲🔥̲🔥̲
@pinned_bydahboo77...24
Жыл бұрын
Let's talk, I've got something big to introduce ☝️....
This is amazing! Really great video!
Great discussion between both sides although i would like to add to the mention of labor in worth of gold from the roman ages. You state that the value of gold to labor has decreased dramatically since then. This comment had me wondering, because of new innovative plant equipment created since then, it allows us to mine gold by the trucks loads much faster, increasing the amount of gold on the market! so of course the price of gold to labor is going to decrease! Humans value time more than money. I see this as a win for Bitcoin because we cant create more coins like we can mine more gold. Thanks for making the video it gave some good insight!
@vipu6821
Жыл бұрын
I had the exact same thought, gold have inflation, so it loses its value but very slowly because more is mined all the time.
@zpatrik
Жыл бұрын
Gold has inflation.
You’re right. It’s too polarized. It’s clearly important but that doesn’t mean it’s a must have investment. Somewhere in between.
@pinned_bydahboo77...24
Жыл бұрын
T̲h̲a̲n̲k̲s̲~̲~̲f̲o̲r̲ ̲w̲a̲t̲c̲h̲i̲n̲g̲!̲!̲!̲ ̲T̲e̲x̲t̲ ̲O̲n̲ ̲w̲h̲a̲t̲s̲a̲p̲✞̲︎̲✙̲➊̲➑̲➋̲➑̲➌̲➊̲➏̲➊̲➒̲➒̲⓿̲🔥̲🔥̲
@pinned_bydahboo77...24
Жыл бұрын
Let's talk, I've got something big to introduce ☝️....
Great video, can you also make a video about other cryptocurrencies, like Ethereum, which do have real life applications like digital ID's and supply chain tracking? This causes a demand for the cryptos, and if demand rises, price also rises
Good debate and I think you hit the talking points for both sides. I have a tiny bit of money in crypto but it is money I am prepared to lose. If it goes up though that's great but most of my money goes to stocks with good earnings and consistent growth
Very high quality content 👌
@pinned_bydahboo77...24
Жыл бұрын
T̲h̲a̲n̲k̲s̲~̲~̲f̲o̲r̲ ̲w̲a̲t̲c̲h̲i̲n̲g̲!̲!̲!̲ ̲T̲e̲x̲t̲ ̲O̲n̲ ̲w̲h̲a̲t̲s̲a̲p̲✞̲︎̲✙̲➊̲➑̲➋̲➑̲➌̲➊̲➏̲➊̲➒̲➒̲⓿̲🔥̲🔥̲
@pinned_bydahboo77...24
Жыл бұрын
Let's talk, I've got something big to introduce ☝️....
Bear needs a looking at past performance to predict the /future/ counter though.
@pinned_bydahboo77...24
Жыл бұрын
T̲h̲a̲n̲k̲s̲~̲~̲f̲o̲r̲ ̲w̲a̲t̲c̲h̲i̲n̲g̲!̲!̲!̲ ̲T̲e̲x̲t̲ ̲O̲n̲ ̲w̲h̲a̲t̲s̲a̲p̲✞̲︎̲✙̲➊̲➑̲➋̲➑̲➌̲➊̲➏̲➊̲➒̲➒̲⓿̲🔥̲🔥̲
Thank you Swedish Investor. Im buying BTC
You can also stake crypto for good APY, so if an apple dividend is active than so is btc
Good arguments from both sides. I have problem only with few. Comparing BTC to apartment in NYC? How can I buy 1cm2 of that apartment? And other problem is with liquidity. Selling flat or house can be little more tricky then selling BTC or Stocks. Other point is that Luna... Everyone who does little research has to know that it was cash grab. You have to be careful, like buying stocks of good company and not Theranos.
@kaus05
Жыл бұрын
Where do you usually get your information on cryptos
@OmagashV3
Жыл бұрын
@@kaus05 My own research on internet + experience. Luna for example was non existent 1 - 2 years ago and few months ago it was the best thing. I have seen so many of these collapse, when something comes from nowhere and claims it is best thing it is most like the opposite :D
@TheEmolano
20 күн бұрын
There are Real Estate Investment Trusts that are what you asked for: a small piece of an apartment. Depending on your money you have multiple ways to invest it, with each having advantages and disavantages.
real true, blockchain is not criptocurrency. criptocurrencie is computer time rental.
you can lend out your bit coin just like lend out money. you can get interest on your bitcoin.
Hey, good video, although some mistakes I would like to argue, 1. Fiat network effect and BTC network effect are not challenging each other because they are entirely different monetary systems. That's like saying a phone network effect is interfering with the internet network effect just because there is a network effect at play. 2. PoW and PoS are NOT comparable in any way. PoW is running WITHOUT a person being able to be in power, that's the point. PoS is just the old system wrapped in technology. 3. The notion of energy usage is completely out of context. It does not matter how much energy u use, it matters what kind of energy u use. Does it matter if u take stranded energy that is not harmfull to the planet and make it useful? No, not at all. Also, BTC mining can be used to stabilise the grid which is even positive for the instalment of renewable energy products since this raises ROI on these products. U can listen to Nic Carter on this point. It's way more nuanced than just Energy usage = Bad. Enjoyed the vid, good work.
Teddy didn't mention that if bitcoins were to have a fixed supply to a growing population, they would infinetly be more and more valuable overtime!? Great video thanks.
@RiceWon
Жыл бұрын
Same as silver. Unproductive asset. But can be traded as "digital gold".
@alexmitronikas5319
Жыл бұрын
@@RiceWon in a way, good point
2 important things left out. 1st is that about 1/2 of all mined coins are in a few of the early wallets and lost to HDD attrition. So its effective market cap is even lower. Also market without considering daily volume is very misleading. The 2nd point is that the vast majority of bit coin investors have no understanding of the math at all.
@ThatBedroomProducer
Жыл бұрын
Sauce?
@unmanned_mission
Жыл бұрын
What's the math? To my understanding, Bitcoin has 0 value. There are about 20.000 digital currencies, I don't know why people keep speculating with it
@unmanned_mission
Жыл бұрын
Another thing is, you have to pay taxes in US treasury bills American dollars, is you buy or sell using any other currency, you are subject to currency fluctuations, either for the good or for the bad. It tends to do more harm than good