2min chapter

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#1142 Michael Shellenberger | Bitcoin Debate

The Pomp Podcast

CHAPTER

Bitcoin

Crypto ultimately should be zero. Like if people were rational, it would have like zero value except for maybe some value as like an art project. Two lips had value. Urban life has value. Tupperware has value. Pyramid schemes even made off. I think that they ended up people ended up getting back like 80% of their money. So you can't then go get rid of the house part of that story and then go, well, because it's also speculative asset. All things that are only speculative assets.

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