this post was submitted on 10 Nov 2023
-4 points (25.0% liked)
Bitcoin
402 readers
1 users here now
For all bitcoiners, especially those fleeing r/bitcoin
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's interesting that someone who's being asked questions about this as if he's an expert actually has no clue about what Bitcoin is and how it works.
It's a financial perspective, not a technical one. And he says "we kind of like it".
Even from a financial perspective, he says "gold is still the only thing no one can print more of" and "Bitcoin is just a different kind or counterparty risk".
He also said Bitcoin has the potential to 1000x. He didn't say anything decisive on if the censorship resistant properties of it has been as tested as gold, but didn't rule it out as a possibility.
What I find interesting about it, is these are some old school financial experts providing a balanced take, that ultimately say "we kind of like it". Bitcoin is currently still speculative and while I personally believe in all the techno/social benefits, I think it's a good sign that a group of financial experts believe in the payoff enough to recommend everyone put 2% into BTC for their portfolio