Yassine Elmandjra is an analyst with ARK Invest covering Bitcoin, Crypto and Blockchain technologies. We discuss what is Bitcoin, potential risks, and various future scenarios.

Yassine on Twitter: yassineARK

Bitcoin

As An Investment by Yassine, https://research.ark-invest.com/hubfs/1_Download_Files_ARK-Invest/White_Papers/ARKinvest_091729_Whitepaper_Bitcoin_II_An%20Investment.pdf

Timestamps:

0:00 - Intro

1:00 - Start of interview

4:15 - The fallacy of BTC scarcity

5:30 - Comparing BTC to TSLA

7:50 - BTC as an asset

11:15 - BTC’s main value proposition is eliminating optionality of human decision

13:00 - Scarcity is linked to demand

17:30 - Role of BTC miners

19:44 - Forking BTC

20:45 - Software alone does not determine value of BTC

21:33 - Scarcity is not the lone value proposition of BTC

23:15 - BTC as a currency

26:20 - Pegging a commodity as an asset

27:20 - What’s the main value proposition of BTC?

30:15 - Protection of assets from seizure

32:40 - BTC more a commodity than currency

35:00 - BTC as a digital asset

37:25 - BTC’s original purpose as currency

38:25 - BTC’s weakness as currency

40:00 - Benefits of BTC choosing security over speed

42:50 - Lightning network

44:40 - Government crypto

46:00 - Government crypto as a threat to personal liberties

48:15 - Benefit of a way to transact outside of gov crypto

53:40 - Will governments ban BTC?

58:24 - Banning BTC like banning gold

1:06:20 - Banning BTC different from banning gold

1:07:40 - Institutions holding BTC opportunistic

1:08:20 - FB libra vs BTC

1:09:48 - China, Iran, North Korea on BTC

1:13:00 - On India banning BTC

1:16:45 - When does BTC become existential threat to gov?

1:22:25 - The profound nature of BTC

1:30:15 - Inherent investment risks of BTC vs stocks

1:40:00 - Tracking BTC’s demand

1:49:40 - Value by demand vs value by intrinsic value

1:55:22 - BTC is disinflationary

1:57:50 - How Yassine got hired at Ark

2:06:12 - Conclusion

Videos:

Tesla ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9QkDHJ5hbv5rMvpRse9C-re

SpaceX Starlink ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9QrcuyoiO1tjQs_yzer72EI

Square ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9Q3PIw2JOQr4qoL_fSrIZA7

Lemonade ONLY Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9StEd21tlQBndopSTek8iAZ

Company Analysis Videos: https://www.youtube.com/playlist?list=PLfibpgBinf9QMjeqM7he4G7FLhI88ZXdo

Interviews: https://www.youtube.com/playlist?list=PLfibpgBinf9QdC6pEaycZvv3pGyvEbO8P

Check out my archived articles/posts on Tesla and investing: https://teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768