"I'm a Bitcoin skeptic. I'm not buying Bitcoin in 2024, even if it goes back to its recent all-time highs, or higher. Here's why."
~ Ben Gran
Ben breaks down his view of Bitcoin and why he cannot see or understand any reason it would go higher. Why he doesn't invest in things that don't produce anything, because this is antithetical to investment. Why he doesn't see how something that has no purpose could possibly continue increasing in value. And how something that people claim will be the most valuable asset in the world, will also be the dominant money, because (obviously) these two ideas are contradictory. It's important to refresh our understanding of the typical person's perspective of Bitcoin, in order to be able to relate to, and hopefully explain where their thinking is wrong. So that is what I hope to do in today's episode, reading "Why I'm Still Not Buying Bitcoin in 2024" from the Motley Fool...
Check out the original article at Why I'm (Still) Not Buying Bitcoin in 2024. (Link: https://tinyurl.com/5xnxbe5x)
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“I believe that a scientist looking at nonscientific problems is just as dumb as the next guy — and when he talks about a nonscientific matter, he will sound as naive as anyone untrained in the matter.”
~ Richard Feynman
--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/messageRead_819 - Bitcoin Drain in the USA
Guy's Take_085 - They Are Coming
Read_818 - Reviewing Reviews
Read_817 - The Bitcoin Renaissance: How Lightning Will Connect Everything
Chat_098 - Replacing Gold with Tuur Demeester
Read_815 - What are Mises’s Six Lessons
Guy's Take_084 - Fiat Finance
Read_814 - Dogma Kills Brain Cells
Read_813 - Mises's Regression Theorem, Bitcoin, and Subjective Value
Chat_097 - Lightning Offline with Super Testnet
Guy's Take_083 - It's Going Up Forever, Laura
Chat_096 - Surviving the Shift to a Bitcoin World with Jack Spirko
Read_812 - Congress is Criminalizing Privacy
Read_811 - Speaking Freely
Chat_095 - The Fall of the Fiat Empires with Preston Pysh
Guy's Take_082 - Fiat Replacement Theory
Read_810 - Censorship in America
Chat_094 - Pessimism, Optimism, & Rationally Passionate Ranting with Clint Russell
Read_809 - Bitter Opposition to Bitcoin
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