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18. Exploring the Bear cases for Bitcoin. What can go wrong?
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Episode 18. Exploring the Bear cases for Bitcoin
There is a difference between dismissing Crypto and Bitcoin specifically out of hand and exploring the reasons for which these innovations may fail. We explore a number
We discuss:
Basic objections
- Energy Consumption
- Lack of Intrinsic Value
- Governmental Interference
Deeper Objections
- How hyperbitcoinization limits Crisis response
- Minimal possible agreed role of Governing institutions
- Corporate and Institutional vacillation between use case and regulatory compliance
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Trader University:
Old Men Yell At Bitcoin (Buffett and Munger)
https://www.youtube.com/watch?v=9pk7eQ6mzqk
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