Bitcoin is Insurance on a Failing Financial System with Greg Foss (WiM169)
The "What is Money?" Show
00:00
Bitcoin Is a Belief
bitcorn: charley has incentive blindness. He knows that bitcoin will disintermediate about 50 % to his portfolio. But yet, look, every investment is a belief. That's there's nothing so what you believe in something, is that make it bad? No. A price is open market determination of people's beliefs. 100 percent. And far be it from me to say i'm even half as good a investor as they have been,. but i have sat in the trenches. The reality is, when the information changes, you need to change your portfolio.
Play episode from 56:17
Transcript
