
212 - The full shilling? The case for crypto as a speculative asset - but a currency, eh no!
The David McWilliams Podcast
00:00
Bitcoin Is Not a Currency and Never Will Be a Currier
Michael saylor: Bitcoin is a property. It's an investment asit it's a digital commodity, that's what and that digital commodity is a long, very long term inflation hedge if you believe it. There won't be another one invented because commodities need to yield something in order to validate their valuation. And so what you say as nothin p i its actualltynder ine money supply. That's the cost.
Transcript
Play full episode