Exploring the challenges of perceiving Bitcoin as a currency amidst its potential returns and volatility, including insights on its primary utility in solving monetary baseline problems. Discussing tools like the Mayor Multiple for strategic buying, the importance of understanding the four-year cycle and stock-to-flow model in decision-making, and predicting potential price movements driven by non-professional investors. Delving into the impact of government regulations on Bitcoin, referencing past interventions such as China's ban on exchanges and Germany's proactive legal framework to attract cryptocurrency businesses.
Today’s show is part 2 of a two-part series all about Bitcoin, other cryptocurrencies, and blockchain technology with TIP’s Co-Founder Preston Pysh. Preston is a graduate of West Point and Johns Hopkins University, the founder of BuffettsBooks.com, and Co-Founder/Co-Host of We Study Billionaires by The Investor’s Podcast Network.
IN THIS EPISODE, YOU’LL LEARN
00:00 - Intro
00:41 - How Bitcoin works and the problems it looks to solve.
05:54 - Why a higher demand for Bitcoin indirectly makes the currency more secure and in turn a better store of wealth.
11:15 - How investors should think about educating themselves about Bitcoin.
15:05 - Why the adoption of a deflationary currency like Bitcoin will encourage people to think long term and invest more.
28:21 - How to value Bitcoin based on the stock to flow ratio.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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