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SLP442 Joe Burnett Bitcoin Long Term Security and why ETH is doomed

Stephan Livera Podcast

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Is It All Just That Simple?

The only way for Bitcoin to actively be monetized from zero by 8 billion people is probably through extreme volatility and extremely rapid growth, right? I mean, Bitcoin has outperformed virtually every asset over the past 10 years. And so I think that these bull and bear cycles kind of are helpful and actually end up speeding up Bitcoin adoption. Of course, the price gets kind of overheated relative to what's sustainable at that time; we have these like dark bear markets where we basically end up washing out everyone that doesn't fully believe or understand what they hold.

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