Simply Bitcoin MicroStrategy PROVES You're Not BULLISH Enough On Bitcoin | EP 1173
Jan 31, 2025
MicroStrategy is making waves with a $584 million Bitcoin acquisition plan, boosting institutional interest. The discussion tackles Bitcoin's evolving dominance over altcoins and the importance of self-custody. A critical look at a Nobel economist's skepticism reveals misconceptions about Bitcoin's value. Insights from the recent BitBlockBoom conference emphasize community and education. The conversation wraps up with strategies for long-term Bitcoin investment amidst a volatile market, encouraging humility and engagement within the Bitcoin community.
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Bitcoin's Future Value
- Nobel Laureate Eugene Fama predicts Bitcoin's worthlessness, citing its volatility and lack of intrinsic value.
- Saifedean Ammous argues Fama's view ignores Bitcoin's emergent stability as a store of value.
Early Bitcoin Mining Experience
- Mauricio Di Miceli started mining Bitcoin in 2013 after his brother's suggestion.
- He lost access to his Bitcoin due to using a third-party service, highlighting the importance of self-custody.
Managing Bitcoin Investments
- Calculate Bitcoin holdings every four years, aligning with Bitcoin cycles.
- Focus on accumulating sats and consider fiat spending.