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Debunking Seven Misconceptions About Bitcoin With Lyn Alden
For this episode of the Bitcoin Magazine Podcast, host Christian Keroles sat down with macro economic analyst and high-level thinker Lyn Alden to discuss her recent piece titled "7 Misconceptions About Bitcoin."
In the piece, Alden breaks down what she considers to be the most common misunderstandings or objections to Bitcoin, and explains why these do not bear out under scrutiny. Ultimately, Alden argues, they will not negatively impact Bitcoin or the investment thesis into Bitcoin.
This is an excellent episode for Bitcoin enthusiasts looking to sharpen their arguments, as well as new entrants into Bitcoin interested in learning why Bitcoin makes sense as a part of a balanced portfolio. This podcast is full of intelligent and articulate ways of defending and explaining how and why Bitcoin will continue to increase in usefulness and value.
You can find Alden's original article here: https://www.lynalden.com/misconceptions-about-bitcoin/
On this episode, Keroles and Alden discuss the following topics:
0:00 - intro
3:58 - 5:34 Motivations behind writing the article.
5:35 - 7:10 Lyn address, Bitcoin is a Bubble.
7:18 - 9:09 Lyns Opinion on the Bitcoin Halving.
Lyn likes to discuss things in terms of probabilities.
10:42 - 12:02 Bitcoins intrinsic value is zero
13:05 - 14:59 Bitcoin is too Volatile
16:20 - 16:50 Bitcoin is catching on with Gold investors.
18:19 - 19:50 Governments will Ban Bitcoin
24:50 - 26:40 Bitcoin isn’t Scalable
27:50 - 29:19 Bitcoin wastes Energy
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