Is Bitcoin An Unproductive Asset?
𝐆𝐄𝐓 𝐓𝐇𝐄 𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐂𝐎𝐔𝐑𝐒𝐄➜➜➜
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
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
Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99
Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
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
#gold
#crypto
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.
-
9:40
Bitcoin University
7 months agoAmazing News For Bitcoin Mining (Ocean)
1.11K12 -
1:56:38
Precision Rifle Network
13 hours agoGuns & Grub S2E12 - Joel is moving!!
39.3K6 -
2:36:53
Donald Trump Jr.
15 hours agoCan Biden Make it Through Presser? Live Reaction, Plus Kari Lake! | TRIGGERED Ep.153
208K1.01K -
1:53:10
The Charlie Kirk Show
9 hours agoTHOUGHTCRIME Ep. 51 — Joe Biden's Last Night As President?
137K96 -
2:38:39
vivafrei
11 hours agoJOE BIDEN'S BIG BOY PRESS CONFERENCE LIVE! And Other Law Stuffs!
142K352 -
1:01:58
The Late Kick with Josh Pate
9 hours agoLate Kick Live Ep 529: More UGA Problems | Expanded CFP Issues | I Played EASports CFB25 Early
55.2K2 -
1:18:19
Exploring With Nug
9 hours agoSocial Media Censorship! Live Stream Hangout 7-11-2024
51.7K26 -
1:30:24
Tucker Carlson
11 hours agoCatherine Herridge: Being Fired From CBS, the Trump v. Biden Debate, and Hunter’s Laptop
182K202 -
1:47:11
Dr. Drew
1 day agoCalling Out w/ Susan Pinsky: Annie Lederman (Joe Rogan Experience) & Celeb Psychic Rebecca Fearing
87.2K1 -
11:05
America Uncovered
10 hours ago $3.70 earnedI Fear What's Coming
51.6K39