6min chapter

The Natural State with Dr. Anthony Gustin cover image

149: Dr. Saifedean Ammous - Cryptocurrency, The History of Money, Addressing Bitcoin’s Energy Usage, and More

The Natural State with Dr. Anthony Gustin

CHAPTER

Investing in Cryptocurrencies Is a Different Thing.

I think about Bitcoin as digital gold currency standard, et cetera. And I think about the other currency, some of them at least, more like a technology that has certain applications and people are building certain protocols and projects on them. So if you're thinking about buying them, it's just more like investing into a stock but instead of a company, it's more of a technology. The difference is imagine that email had a certain amount of digital real estate, digital rails on which it ran and these things were scarce. You could invest in Hotmail, Gmail, yeah, Home mail, Proton, whatever. But you can't invest in the technology of email. That's really

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