SLP442 Joe Burnett Bitcoin Long Term Security and why ETH is doomed
Stephan Livera Podcast
00:00
Why People Want to Hold Bitcoin?
Bitcoin is very clear about what it is. It's trying to be a hard scarce money, and so for that reason, there's a reason people want to hold it because it helps resolve their uncertainty. When you look at other assets like the US dollar or Apple stock, for example, during certain periods of time, US dollar and Apple stock could be considered ultrasound money according to their definition,. But in the long run, we know that, hey, the only way to get out of this problem is to create more money," he said.
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