Name: Why Bitcoin will be $1,000,000 - Explained in Malayalam
Uploaded: 2022-05-11T04:45:02+00:00
Duration: 10 min 50 s
Description: In this video, I explain how bitcoin will reach $1,000,000 per coin in the long term because of the demand and supply. Bitcoin has a limited supply of 21 million but the demand can increase to almost

3 years ago

In this video, I explain how bitcoin will reach $1,000,000 per coin in the long term because of the demand and supply. Bitcoin has a limited supply of 21 million but the demand can increase to almost all of the world population. I also explain in Malayalam how Bitcoin is improving the fiat currency system, which is inherently flawed. Our old fiat currency system is the cause of general inflation and in the US, it will cause hyperinflation soon.

Official website: https://www.breckgrainger.com/

00:00 Intro
01:25 What is Fiat currency?
02:03 What is quantitative easing?
03:49 History of inflation
05:41 How does inflation work?
09:50 Increase of Bitcoin network
10:16 Why Bitcoin will reach $1,000,000?
10:25 Recap
10:41 Outro