A Brief History of Money and Bitcoin with Brian Estes (WiM172)
The "What is Money?" Show
00:00
Is It Better to Own Protocols Than Block Chain Companies?
In bull markets there's just more b s and hipe in all this, and not as much learning going on. But in those quiet bear markets, that's when people are digging in their heels, building, learning these things. When it drops 50 %, no one could take it. No one coun take a 50 to 80% drop unless they have a strong corps conviction. If anything, once you build that deep conviction, you almost look forward to draw down. And so the point of this is that when you have the choice of investing an the protocol, like bit coin, or investing in a company, you want to invest in the protocol. It's something i learned eight years
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Transcript
