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Peter Zeihan's Bitcoin Lyin'
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In this video, I discuss and refute the arguments against Bitcoin made by Peter Zeihan recently on the Joe Rogan Experience.
I discuss whether or not Bitcoin is an asset, as well as the concepts of intrinsic value, store of value, medium of exchange, utility value, monetary inflation, and deflation.
I also refute Zeihan's argument that there is not enough Bitcoin to enable a global Bitcoin economy.
Not investment advice! Consult a financial advisor.
Peter Zeihan:
https://en.wikipedia.org/wiki/Peter_Zeihan
Peter Zeihan clip from Joe Rogan:
https://twitter.com/anilsaidso/status/1611939645511839745
USD is a really bad store of value:
https://www.visualcapitalist.com/wp-content/uploads/2021/03/Purchasing-Power-of-the-US-Dollar.jpg
Would you trust this group with a money printer?
https://www.federalreserve.gov/photogallery.htm
Powell and Fed very confused:
https://www.foxbusiness.com/politics/powell-fed-wrong-inflation-not-transitory
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
#crypto
#peterzeihan
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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