Foundations of Bitcoin's Value

Bitcoin is fundamentally characterized as digital gold, with its simple narrative remaining strong over the years. Both Mike Novogratz and Dan Moorhead began their journey into Bitcoin during its early days, with Moorhead recalling a significant conversation that ignited his belief in Bitcoin's potential to revolutionize finance. They emphasized the growing global interest in Bitcoin, with projections suggesting that its user base could expand from hundreds of millions to billions in just a few years. The conversation revealed their conviction that Bitcoin's core utility, especially in terms of money transfer and value preservation, is irreplaceable despite increasing competition in the cryptocurrency sector.