AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
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.