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#1147 Matthew Ferranti | Harvard Says Bitcoin Is Sanctions Hedge

The Pomp Podcast

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Bitcoin

I think that speculation is a very bad reason for anybody to purchase anything. I mean, it's supremely difficult to forecast the prices of financial assets. So especially when you have something as volatile as Bitcoin, I think you're going to buy it. The reason really ought to be that you're buying it because it's still some particular need in your portfolio.

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