Store of Bitcoin - Bitcoin as Store of Value Ep. 9 - Sam Callahan | The best Store of Value humanity has ever had.
May 31, 2024
Sam Callahan, a Senior Analyst at Swan and macroeconomics expert, dives into the key differences between Bitcoin and Ethereum, emphasizing Bitcoin as the ultimate store of value. He discusses the recent developments in ETFs, their potential to improve market accessibility, and the macro forces driving Bitcoin's value in an inflationary world. Callahan also highlights Bitcoin's fixed monetary policy and how its immutability sets it apart from Ethereum. His practical investment advice champions long-term holding and risk management strategies.
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Bitcoin And Ethereum Are Not The Same
- Bitcoin and Ethereum are fundamentally different in technology, goals, and monetary properties.
- Treat them as separate asset classes rather than interchangeable crypto bets.
Staking Creates Centralization And Regulatory Risk
- Centralized staking providers concentrate control over Ethereum validators and pose regulatory risks.
- Banning issuer staking in ETFs reduces centralization but raises questions about network security.
Protocol Change Amplifies Long-Term Risk
- Ethereum's protocol and monetary policy change frequently, creating second-order risks.
- Bitcoin's immutability and fixed supply make it a superior long-term store of value.