Why Does Bitcoin Have Value? | The Asset and the Monetary Network

143 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ahuja
Published
EPISODE
Keren and Omar go further In-Depth to discuss why Bitcoin has value as an asset and a monetary network. They evaluate the cost of minting new Bitcoin and how it's supply growth predetermines scarcity. They put into context Bitcoin versus the US dollar and how volatility is a feature, not a bug. Lastly, they discuss recent events such as Elon Musk, institutional money, and El Salvador's Bitcoin adoption.

TIMESTAMPS
00:00 Intro
00:14 Cost of creating Bitcoin.
02:13 What does deflationary mean?
03:28 How does the Bitcoin supply grow?
05:01 Is there a limit to how much Bitcoin can grow?
06:51 Bitcoin's relationship to the US dollar and other currencies
09:27 Bitcoin volatility and market cycles
12:15 Why do Elon Musk's tweets affect Bitcoin?
15:09 Regulations and government threats
18:24 Institutional money in Bitcoin
20:25 Supply crunches
22:12 Could Bitcoin become worthless?
24:25 Bitcoin competitors
26:56 Outro

Please like, subscribe, comment and connect with us!

SERIES
In Bitcoin In Depth, we break down every topic and question that our clients have about Bitcoin. Hosted by Bitcoin educator, Keren Margolis and Founder and CEO, Omar Sabek - Bitcoin In Depth is a deep dive conversation meant to bridge the gap between Bitcoin beginners and Bitcoin experts. New episodes every week.

CONNECT
Find us at:
www.sascodigital.com
@sascodigital (Instagram/Facebook/Twitter)
Keren Margolis (@kerenmargolis)
Omar Sabek (@osabek)

SASCO DIGITAL ASSETS
We help people become secure Bitcoin owners through education and support. Our team is dedicated to meeting you at any stage of your Bitcoin journey and being a lifelong trusted partner. Based just outside of New York City in Fairfield County, CT - we are the only community focused and local resource for our region.
Category
Crypto Trading
Tags
Be the first to comment