EP. 15: There Are No Bailouts in Bitcoin
Money Matters with Jack Mallers
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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