BITCOIN LEGITIMACY

The speaker acknowledges Bitcoin’s characteristics as both a medium of exchange

https://youtu.be/OTiYTmK9NHI?si=5gMFZCQKQuKSU9Es

and, more importantly, a store of value, noting its limited supply and global transactional utility, which lead many to view it as a form of alternative money. However, they express skepticism about its adoption as a central bank reserve currency due to its transparent ledger—lacking privacy—and potential vulnerabilities like code exploits or government regulation. While recognizing its role in the evolving financial landscape, the speaker personally holds only a small amount of Bitcoin alongside gold in their portfolio, reflecting a cautious, diversified approach rather than full endorsement of Bitcoin as a fully legitimate currency in traditional institutional contexts.
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