10 Things You Need To Know About Bitcoin #3: 21 Million Forever | 015
There will forever be more dollars chasing 21 million Bitcoin.
One Way Ratchet · Trent Nutting, Dan Felger
November 8, 202346m 47s
Audio is streamed directly from the publisher (cdn.simplecast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
In Part 3 of the series, Dan and Trent talk about how to protect yourself in a world of perpetual money printing and inflation.
Episode 3: 21 Million Forever
- How to protect yourself in a world of forever more money and inflation? Buy and hold hard assets. The harder the better
- Hard asset = limited supply, you cannot make more of them easily or cheaply
- What are some hard asset:
- Unique real estate
- Fine art ideally from dead artists
- Sports teams
- Problem is these are all out of reach. You cannot put $100 a week into the Dallas Cowboys. If you could we would
- So what can you do?
- Here comes Bitcoin. The hardest asset in the world. That anyone can buy and hold
- Only 21M will ever exist. Nobody can make more
- A monetary system with a fixed supply for the digital age. That no humans can manipulate or inflate away
- Bitcoin is just code. Rules, but no rulers
- You can buy any amount of Bitcoin. $20, $200 or $2 billion
- The North Star of Bitcoin: there will forever be more and more dollars chasing 21 million Bitcoin
- Today’s song: Hard to Handle by the Grateful Dead
Topics
bitcoin