Bitcoin and the Sovereign Individual with Robert Breedlove and "Simply Bitcoin" (WiM486)
The "What is Money?" Show
Value Perception in Bitcoin Investment
The cognitive fallacy in perceiving the value of Bitcoin is driven by framing the asset in terms of dollars. The unit of Bitcoin is arbitrary, as its value could vary based on the number of Bitcoins in circulation. It is crucial to focus on the market capitalization and the total addressable market when evaluating the value of Bitcoin rather than getting fixated on individual unit prices.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
