The Cognitive Bias in Bitcoin

Eric Bologie is the founder and CEO of Bitcoin Foundation. He says there are four criteria for a currency to be used in trade. The first one is that it must have enough relative stability, he says. That's currently current with Bitcoin at about $25,000 per coin. It can't go much higher than that because companies like Saudi Aramco need U.S. dollars when they buy planes from Boeing or start up new airline;Bitcoin cannot do that.

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app