My Favorite Thing About Bitcoin

Meet the “Money Expert” Who Doesn’t Understand Money (Part 1)


Listen Later

Meet the guy who calls himself a money expert but doesn’t know the first thing about money. If he has it his way, you'll stay ignorant forever and miss out on the best-performing asset it human history. In this video I take down his sorry attempt at criticisms of Bitcoin. I explain why Bitcoin doesn't need to have cash flows to be a superior store of value, and why the fiat lens this guys uses is completely broken.

📺WATCH PART TWO HERE: https://youtu.be/pZlInhlz-CU

Channel mission: Study Bitcoin, and when you're ready, buy BitcoinNot your Keys, Not Your Coins -- Use Bitcoin Well and get your sats off the exchange. Use my referral link and get free sats when you sign up https://bitcoinwell.com/referral/mftab

⏱️ Topics and Chapters:

00:00 – Intro: The Dumbest Take on Bitcoin

01:00 – He Doesn’t Understand What Money Is

02:00 – “No Intrinsic Value” Debunked

03:00 – Subjective Theory of Value Explained

04:00 – Dividends, Earnings, and False Equivalencies

05:00 – Why Gold Had Value in the first place

06:00 – Bitcoin vs Tulips and Cannabis Stocks

07:00 – Greater Fool Theory?

10:00 – Gold’s Origin Story (And Monetary Premium)

13:00 – The Six Properties of Good Money

14:00 – Scarcity, Inflation, and Dilution

15:00 – History: Hard Money Always Wins

16:00 – Bitcoin Is Digital Gold (But Better)

17:00 – Store of Value → Medium of Exchange → Unit of Account

18:00 – "Valuing Bitcoin in Dollars" is Not a Gotcha

19:00 – Bitcoin Is Unstoppable

20:00 – Price ≠ Value

21:00 – Bitcoin’s Scarcity

25:00 – The Path to Full Bitcoin Adoption

26:00 – Forever Laura

Follow MFTAB: 

www.youtube.com/@MFTAB

https://x.com/thesatdaddy

primal.net/mftab

https://www.tiktok.com/@thesatdaddy

https://open.spotify.com/show/4b58uoQo9Xl7RsbsbbAqAh

https://podcasts.apple.com/us/podcast/my-favorite-thing-about-bitcoin/id1788973938

http://fountain.fm/show/YqXJoHuG6qYRBmDW1k37

#Bitcoin #FiatScam #SoundMoney #EverythingMoney #BitcoinVsFiat #BTC #CryptoTruth #StoreOfValue #SubjectiveValue #CommodityMoney #MonetaryHistory

...more
View all episodesView all episodes
Download on the App Store

My Favorite Thing About BitcoinBy My Favorite Thing About Bitcoin