Store of value

Now they're putting some probabilistic basis on it.

I believe where Bitcoin fits in probabilistically is that it is the only asset, at the end of the day, that is a true digital store of value where it cannot be out-competed by another company.

A kid can't create a new Bitcoin.

Bitcoin is owned by hundreds of millions of people.

A belief is like religion or gold.

It's carried for thousands of years.

Bitcoin has already been determined to be the digital store of value.

I don't think based on how many people have chosen on it, based on pension funds I talk to, hedge funds, if you wanna have something that is safe with inside the crypto ecosystem, which eventually will include every single real world asset through its tokenization, the only thing safe, in my opinion, is Bitcoin, and because it has scarcity, it will always have value.

generations, we have been taught that value lives somewhere outside of us, in the bank, in the account, in the institution.

And economic textbooks actually tell us that one of money's jobs is to be a store of value.

And slowly, without anyone saying it out loud, we started believing that that the system holds our value and that we're not the ones actually holding our value.

We're just borrowing access to it.

But here's why this matters for commerce, the language of this show.

You see, for generations, we have been taught that value lives somewhere outside of us, in the bank, in the account, in the institution.

And economic textbooks actually tell us that one of money's jobs is to be a store of value.

And slowly, without anyone saying it out loud, we started believing that that the system holds our value and that we're not the ones actually holding our value.