Is Bitcoin An Unproductive Asset?

𝐆𝐄𝐓 𝐓𝐇𝐄 𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐂𝐎𝐔𝐑𝐒𝐄➜➜➜
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In this video, I discuss whether or not Bitcoin is an unproductive asset.

Like gold, fine art, and zero-dividend yielding stocks, Bitcoin does not pay out any cash flows.

Like gold and physical cash, Bitcoin is money and a bearer asset (when you hold it yourself, it cannot be turned off or frozen).

Money does need to do anything, since it is already the most universal sale-able good. It can function as a store of value and medium of exchange.

Bitcoin is not yet at 100% adoption, so we can view it as an emerging new form of money. The purest form of money will not have industrial uses like gold, but will instead be comprised entirely of monetary premium.

Bitcoin also does not need to provide a natural yield, since it automatically protects against inflation and monetary debasement over long periods of time without needing to spit off additional cash flow.

Not investment advice! Consult a financial advisor.

Buffett's critique of gold:
https://www.berkshirehathaway.com/letters/2011ltr.pdf

Bitcoin and the Tulip Bubble:
https://www.youtube.com/watch?v=3bMTR2d6ncM&ab_channel=TraderUniversity

SEC Coming For Crypto:
https://www.youtube.com/watch?v=_cAHFgabIeY&ab_channel=TraderUniversity

Has Bitcoin Failed As An Inflation Hedge?
https://www.youtube.com/watch?v=LqVGjziEpDk&ab_channel=TraderUniversity

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https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#bitcoin
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