QUESTIONS: 1. Is it an investment vehicle or is it currency? Can it be both for the duration? 2. Is the value of Bitcoin driven by the belief that it will become an “official” or widely accepted currency? 3. If at some point the belief that Bitcoin will be an “official” currency is replaced with doubt, then won’t its value drop? 4. What about regulatory concerns? The incoming administration certainly seems friendly, but who knows about the next and the next? 5. And with favorable regulations, will we see another cryptocurrency that’s better than Bitcoin? **Originally recorded on 12/7/24**
Bitcoin is in “PEAK APATHY” right now
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