EP. 15: There Are No Bailouts in Bitcoin
The Jack Mallers Show
00:00
Comparing Assets Against Bitcoin
The speaker highlights that Bitcoin is an expenseless asset without counterparty or inflation risk, making it the top-performing asset. The cost of capital should be Bitcoin, implying that investments like real estate should outperform Bitcoin to be worthwhile. If not, one is on a losing trade in the face of high inflation. The speaker emphasizes that owning assets like real estate should be for consumption purposes, not as a store of value, as Bitcoin will outperform them and be a superior investment in the long run.
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