Leveling Up with Eric Siu Why I put 50% of my company's cash into Bitcoin
Dec 5, 2020
06:09
In this episode, Eric explains why he put 50% of his business' cash sheet into bitcoin. This may seem like a bold move, but as he explains here, there are some great arguments for bitcoin's utility and safety, and plenty of successful people who are doing the same. This is not financial advice per se, but definitely worth thinking about in the current uncertainty of the US and the world.
TIME-STAMPED SHOW NOTES:
- [00:21] Before we jump into today’s interview, please rate, review, and subscribe to the Leveling Up Podcast!
- [00:24] The current political and economic climate and why this influenced Eric's strategy.
- [01:20] What might happen in the coming months with different commodities.
- [02:01] The case for bitcoin — the strongest cryptocurrency.
- [02:30] Looking back at the highs and lows of bitcoin over the last decade.
- [03:35] A few of the high profile backers of bitcoin currently.
- [04:03] Practicality and utility; the argument for bitcoin's strengths.
- [04:57] Some food for thought around cryptocurrency and bitcoin.
Resources From The Interview:
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