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MI Rewind: Bitcoin is for Millennials w/ Preston Pysh
Millennial Investing - The Investor’s Podcast Network
The Importance of Conviction in Investing
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Bitcoin has 21 million units, but it has 10 to the negative eighth that you can move the decimal point over to a Satoshi. The base with the Bitcoin system is totally fixed at that 21 million Bitcoin. So when the credit gets constructed on top of it, and those promises get broke, that will blow up. And then they're going to stay away from it for another three or four years as it continues to rip.
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