1min snip

The "What is Money?" Show cover image

Bitcoin and the Sovereign Individual with Robert Breedlove and "Simply Bitcoin" (WiM486)

The "What is Money?" Show

NOTE

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.

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