Bitcoin: A Long-Term Buy?

Bitcoin has been one of the most lucrative investments to be in during the last few years, but will it continue to be so, say, in the next 5-10 years? A Bitcoin Bull and a Bitcoin Bear battle it out.
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My main tool for fundamental screening and analysis of stocks: app.tikr.com/r...
(If you sign up I earn a small commission)
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How the calculation on gold was made:
50 B.C. yearly salary (Caesar legionnaire) = 225 silver denarii = 9 aureus = 2.6 ounce of gold
Source: en.wikipedia.o...
1900 average American yearly salary = 40/59 * $675 (40-hour week) = $458
Source: bizfluent.com/...
2019 average American yearly salary = $65,836
Source: policyadvice.n...
50 B.C. price of 1 ounce of gold = 12/2.6 = 4.6 months of work
1900 price of 1 ounce of gold = $20.7 = 0.45 months of work
2019 price of 1 ounce of gold = $1,393 = 0.25 months of work
Source: www.statista.c...
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My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there - investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties - I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process - upgrading your money-making toolbox.

[@TheSwedishInvestor]

This video has been in the making for quite some time. During the last few weeks the volatility of Bitcoin has caused some of the comparisons I make here about the market cap of the crypto to be a little off, but in my opinion, not by so much that the comparisons lose their meaning. I just wanted to be clear on that. Some of the data is from the end of May 2022 because of the long lead time of the production of this video. Hope you enjoy it nonetheless!

[@patrickmarcu3238]

Thank you for your efforts!

[@lionethics6887]

Great neatral video. Thanx.

[@Tommyownzz]

That was awesome vide9, thank you!!!

[@ndog666gaming]

wonderful video :)

[@ishayteboul5177]

Thank you very much for your video, you are the best! 🏆 P.s I'm in mister bear team :)

[@RobinJakobsson]

Excellent video. You’ve really taken the time to understand the narratives. Love it! Subscribed and liked.

[@catalinstan6221]

by far the best 'debate' I've ever watched, thank you. It would be nice to touch on some other things like real use cases of the blockchain.

[@TheSwedishInvestor]

Catalin Stan, thanks a ton for the support! Then maybe there will be more videos like this on the channel in the future (on topics outside of cryptos too, suggestions?). Cheers to you!

[@zerotwo7319]

There is no other uses for blockchain. Is just a realy slow database

[@henriquehattori535]

Best video about it I've seen so far. You put it in a very clever way. You've got a brazilian fan now. Wish everybody from my country could see it in portuguese. Congrats, buddy.

[@TooLateForIeago]

The "now vs. later" argument came up a lot in the bulls retort. Cryptocurrency has been around for 14 years. Using the internet as a comparison, that technology became publicly available in 1991. I put forward that it did not take 14, or even 4 years for the internet's usefulness to be widely understood. What's the holdup?

[@HonourTAG]

Bitcoin is attempting to capture global commerce and replace our legacy financial systems that have many state actors that are fighting to keep it. The pushback on mainstream Internet adoption was negligible and mainly came from industries that were impacted negatively from their products being dematerialised due to the Internet. Just not sure this scenario can be an apples to apples comparison.

[@weSlaughter66]

The fact that you think the internet can be equated with something like crypto might mean you need to educate yourself a bit more.

[@sprinkle61]

@@weSlaughter66 Many people compare the two because they are both technological innovations with wide ranging possibilities. The difference is that Bitcoin is adopted for widely different things than its endgame possibilities. Its as if we replaced scratching records in music with dialup sounds. I may have 'used' the internet in music doing this, but not in the way it was intended. Its the same with Bitcoin. Its been adopted as a wild speculation, while its endgame uses still are 99 % theoretical, so its very different from the internet, at least until people actually start using it for payments.

[@fantasy9917]

@@weSlaughter66 True. The internet actually does something.

[@frankjonhson6250]

I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market.....can anyone help me out or at least advise me on what to do?

[@silencer_212]

Trading with an Expert is the best strategy for Newbies and busy Investors who have little or no time to monitor trade.

[@borischandan8858]

I would recommend you trade with an expert like Helen Nicholas she's the best

[@elizabethmorgan2458]

@@borischandan8858 Wow, I'm shocked you just mentioned and recommended Mrs Helen Nicholas, I thought I was the only one trading with her

[@unrivaledinvesting]

@@elizabethmorgan2458 You don't need to be shocked because I'm also a huge beneficiary of Mrs Helen. Her good works has earned a good name for her

[@unrivaledinvesting]

She earned my trust since October last year, when my colleague got paid $9500 after investing about $3000.

[@JBayney]

This is a really well balanced debate between you and yourself. Thanks for making it!

[@ghostmane2643]

Seemed biased

[@JBayney]

@@ghostmane2643 In who's favour do you think?

[@mann8098]

The best Bull vs Bear case ever made for Bitcoin. I'm a 🐻🐨🐻‍❄️🐼

[@raornelas]

I love how Mr. Bear is against Bitcoin but actually has a lot of knowledge on it, unlike 99% of people who have the same position. :)

[@Blondul11]

Every software engineer I know that understands how Bitcoin works stays out of it or deals with it like a gamble. Not an investment.

[@everyquid8881]

This is truly one of the best videos on KZbin I've ever watched, and I mean that. An amazing take on BTC for both sides, which opened my eyes to a lot. I'm a very small investor in BTC, it's literally less than 1% of my net worth, but in this current market crash, I do want to put more of my money into it to see what it can really do for me in the next decade. But I think I'll only ever take on a 10% net worth risk to it maximum.

[@TheSwedishInvestor]

Everyquid awesome to hear that you enjoyed the video! NCheers!

[@tomwensley8192]

Good comment. For me ETH and BTC make up around 4% of my overall portfolio with the rest in shares and property.. I think many people and investment funds will maintain a similar approach with Crypto making up the riskiest element of a diversified portfolio.

[@idrisideba5640]

I'm new to forex/Cryptocurrency and I find it difficult using these strategies well. Where can I find a legit broker? than will manage my account and also teach me how to trade.

[@janenix4770]

Checkup Stella Logan. She's really one of the best and legit traders available right now.

[@walterrobert3865]

@@janenix4770 I started my investment with Stella Logan last year with $2000, now I get a minimum of $6000 weekly. Most of my friend’s trade with her.

[@junium4332]

Wow it's nice to find people who also trades with Stella Logan. She's been managing my trade for months and I keep making profits every week. I made $7,130 last week.

[@robertfrancois5647]

just googled about her now and she looks legit, how do I get in touch with Stella Logan. How can I contact her please?

[@luisgarciard4254]

I've heard a lot about this expert Stella Logan but I and my colleagues at work was skeptical to invest due to fear. i think i am willing to give it a trail, how can I reach this expert?

[@arthvader1]

Best video on Bitcoin I have seen. I am with Mr Bear on this one.

[@tavorebisu]

The whole conversation left me at a middle point. I myself am more inclined to bear but Bitcoin does have some promises that cannot be ignored. I will have at least 1% of my portfolio invested in it, same as gold and other non productive assets.

[@vancouversworstdrivers]

Same here. I like the idea but if can go bust any time which is scary

[@tavorebisu]

@@vancouversworstdrivers exactly, to be honest - I'd not like any part of my investment going down but hey, there are always risks

[@participant2751]

This is one of the reasons why value will increase. This will be reflected in price, and that is exactly what incentivizes further adoption and development of uses.

[@thomaskismul8541]

Hi! Do you have any recommendations on how to stop looking at your portfolio daily? I would love to be able to only do it every 3 months but it seems impossible

[@Ivan-oh4ei]

Mr. Bear was killing it in this video! My winner.

[@udaykhatry]

8:41 now I get it. bitcoin is meant to be hodled as value goes up and fiat is for spending as the value diminish.

[@danju132]

What a great way to explore arguments of both sides! Awesome video:)

[@TheMrKofiX]

Great video as always. However, one point I’m on the fence about is regarding the zero-sum nature of Bitcoin trading. Wouldn’t you agree that recently the stock market is behaving in very similar ways with meme stocks, insane price-earnings ratios, the massive speculation markets with options trading, and massive influx of new “retail investors”? I don’t know of anyone buying stocks solely for yearly dividends these days. If so, wouldn’t this make trading cryptocurrencies vs stocks equivalent in regards to the greater fool theory?

[@junkequation]

If you are buying individual stocks for no reason except that you think you can sell them for more to the next guy, then you are probably not going to do well. People don't do that though, or, at least, they shouldn't. Even if a stock doesn't pay a dividend, you own a piece of the profits of that business and a piece of whatever equipment, real estate, etc that the business owns. They have intrinsic value. It's not the same as Bitcoin.

[@junkequation]

For example, if you own apple's stock, and suddenly no one in the world thinks stocks are worth a single cent anymore, and you can't sell the stock for any price, you are still going to do well because you own a fractional percent of a really profitable company. If the same happened with Bitcoin, your Bitcoin would be useless

[@TheMrKofiX]

@@junkequation but no one today really uses that trading strategy or there wouldn’t be so many stocks with so high price earning ratios. Realistically, no one is going to pay 50-90x for every $1 dividend from a stock. And at the same time, no one is going around picking up stocks with PE ratios less than 1 even though there are plenty. So to me it seems clear that most trades today all have the same intention of selling to someone else at a higher price at a later day.

[@junkequation]

​@@TheMrKofiX Sure, it's true people buy stocks to sell them later for a higher price. But the reason they can sell them at a higher price later is different from why a crypto might be at a higher price later. Stocks have intrinsic value that goes up when a company grows and becomes more profitable. The average price to earnings of companies in the S&P right now is about 28. If you point out a company with a very high or very low price to earnings, its price being out of sync with earnings will be due to something going on with the company. Amazon's price to earnings has been very high because all of their profits have gone into growing the company, and ultimately Amazon has been worth a very high price to earnings. I've never seen a company with a P/E of 1, but I would imagine their profits are about to drop off a cliff and the market has priced this in. A lot of people use index funds, and you should use index funds if you aren't really good at price discovery. I've heard an argument that index funds are really bad for the market because they don't take into account price discovery. I think this isn't a very strong argument because, if price ever does get really disconnected from value, there would be a lot of money to be made by people who do price discovery, and the prices would adjust accordingly. The stock market goes through booms and busts for sure. A lot of people pile in at the top and sell at the bottom. People get exuberant in bull markets and depressed in bear markets. People don't always make perfectly rational buy and sell decisions based on price vs value. But generally high p/e's are due to some theory of future growth, and low p/e's are the result of some theory of impending doom.

[@TheSwedishInvestor]

Cheers Olas, I appreciate your support and the comment. I agree that a similar behavior has been present in the stock market lately. The same mistakes can be done in any asset when valuations are crazy high. However, I still find a few opportunities in the stock market which I think are quite good investments although not as great as a few years ago. Hopefully the market will go down even more so more opportunities are created :)

[@jisaza4340]

Do you use Doodly to make your videos? Would you share what you use to make your videos?

[@roz9318]

As much as I would have loved this to talk about DeFi and how to generate cashflow with unproductive assets, as well as a more in-depth discussion into the use cases and technology of other cryptocurrencies, this is a great video with some very balanced arguments!

[@TheSwedishInvestor]

Cheers Roz, glad to hear that you enjoyed it!

[@se6586]

Defi is just programmatic ponzi schemes

[@roz9318]

​@@se6586 While this is 100% definitely true that there are Ponzi Schemes, such as Anchor, it is disingenuous to say this about the entire field. There are some extremely sustainable and innovative projects out there, such as Aave, AlpacaFinance and Curve!

[@se6586]

@@roz9318 algorithmic distribution of new money and pooled capital is still just a Ponzi scheme. The idea of bitcoin and is to get away from the fiat+interest system. Noobs are directly importing the garbage from the traditional system because you think 7% is a high interest rate.

[@roz9318]

@@se6586 2 of the products I mentioned either are or provide lending protocols, meaning you can deposit collateral and then take a loan while earning interest on your collateral. This model is funded by the borrowers to incentivise the lenders. This is not a ponzi as "first investors" don't get rich off of new investors in a chain, and is a real sustainable "business" with verifiable cashflow. And while you're correct about some of the concepts being imported from traditional finance, the difference here is the rates are low and the barrier to entry is lower due to the fact that there are no credit checks, kyc or verification of any form needed

[@prakhargupta852]

Well even before seeing this video I did believe that anyone who is serious about their future should stay away from bitcoin. This video just increased my conviction even more... Great video👍👍👍

[@Deeema]

"i already had an oppinion so no matter what video said im even more convinced now thanks" hoomans

[@pepefroglive]

This is a good unbiased video on Bitcoin.

[@VithanageBaho]

You're doing a fantastic job! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?

[@Nobody-e6e]

The writing of this is incredible. Amazing work.

[@meysamramezani3087]

Wow very well made video. I enjoyed the bull and bear debating this. I think it is a high risk, high reward type of investment and with that, a small allocation should be enough to capture huge upside if it moons. Also as it is so volatile, it makes more sense to allocate during the bear market and rebalance in the bullmarket.

[@chesschicken1698]

That's the same as trying to time the market. Just DCA into it and hold

[@emerson3582]

I think this is the best video you made, so far. This is my first ever comment on KZbin. This video is so great that I couldn't close the browser without commenting.

[@TheSwedishInvestor]

Emerson thanks a ton for the support! I'm glad to hear you enjoyed it!

[@LeoMarza]

Great video! someone knows wich software is used to make the drawings?

[@nicholsonhonggo2807]

Hey, my (over)simplistic analysis is that any currency with no inflation is as bad as those with hyper inflation. (A little) inflation is necessary so that people spend, so that the economic wheel rolls. The anti-inflation property of bitcoin is actually a bad property as a currency. If people believe the value is going up and up, then people wouldn't spend the bitcoin, then it wouldn't be a currency. Let me know where I got this wrong.

[@Welari12]

What you have wrong is that these coins work in networks or "chains" and have different processes of transactions. Meaning bitcoin is something you could compare to say a cash register, which allows for transactions to take place. Then other tech such as ethhereum and solana look to become the eftpos machine and speed up the number of transactions. Not all coins have their value in their literal currency but rather support multiple other coins which build on their established tech.

[@OmagashV3]

Good arguments from both sides. I have problem only with few. Comparing BTC to apartment in NYC? How can I buy 1cm2 of that apartment? And other problem is with liquidity. Selling flat or house can be little more tricky then selling BTC or Stocks. Other point is that Luna... Everyone who does little research has to know that it was cash grab. You have to be careful, like buying stocks of good company and not Theranos.

[@kaus05]

Where do you usually get your information on cryptos

[@OmagashV3]

@@kaus05 My own research on internet + experience. Luna for example was non existent 1 - 2 years ago and few months ago it was the best thing. I have seen so many of these collapse, when something comes from nowhere and claims it is best thing it is most like the opposite :D

[@TheEmolano]

There are Real Estate Investment Trusts that are what you asked for: a small piece of an apartment. Depending on your money you have multiple ways to invest it, with each having advantages and disavantages.

[@tonikem4041]

Respect to this channel for a great analysis. People who buy bitcoin would never get this and hate this video. Massive appreciation for this.

[@monke2303]

man i see bitcoin more as a store of value than a new currency. i don't understand why people still think bitcoin is going to be the new money

[@erichong4786]

Because that is more attractive than being a store of wealth. A store of wealth has many, many competitors such as food, futures markets, housing, gold, silver, etc... currencies are usually only available on a country by country basis and is more flexible to change over the long-run.

[@hangman13us]

Have you considered to make a video about XRP, the lawsuit etc.? I think Bitcoin is old technology, but some of the ALT-Coins are quite of alternative for possible future adoption in larger scale.

[@nikitakhomenko7513]

18:01 Where can I find this tool?

[@ahmedsalim1619]

This chanel make progress to who's watched Big thinks 🙏🏻

[@Bati3301]

Goog Video! Mr. Bear just missed an opportunity to tell Mr. Bull that of course fiat money has a „real value“ and that’s because Gouvernements decided to collect their taxes in this money. So at the end of the year everybody is interested in owning at least some fiat.

[@valuabletips560]

Also with morningstar key ratios gone, is there other websites where I can see last 10 years financial data of delisted companies?

[@harleyb.birdwhisperer]

I use Bitcoin’s volatility in an index account I’ve built (11 S&P sectors, gold, and Bitcoin, equal $ weights, rebalancing quarterly after earnings - last week of Feb., May, Aug., & Nov. It’s been the best performer some quarters, and I trim, it’s been the worst some quarters and I add. If you’re rebalancing, you need some volatility. If everything is always stable, there’s no point, nothing to be gained.

[@muhammadshafiqsafian6149]

Thank you Swedish Investor. Im buying BTC

[@adoniskomplex91]

The first video which points out advantages and disadvantages. Great video!

[@alvintonang8350]

Very interesting videos. I think blockchain technology is an important technology, but I agree more with mr Bear, holding bitcoin is more like speculative until we see the 'future'. Personally I think human still need middle-man, we need countries, border, central banks, rules, legislation in order to live in harmony. With bitcoin where there will be no rules, no border, just us-people who controlled everything. So at that time i just wonder will it be the end of countries and border and all economic system and maybe it is also the end of humanity.

[@moneytalks7142]

You’re right. It’s too polarized. It’s clearly important but that doesn’t mean it’s a must have investment. Somewhere in between.

[@dinosimisides]

Best informal and debate video I've seen in a very long time! I don't usually comment on videos but this one got my attention! Tack så mycket Erik för ditt hårda jobb på denna video. Den var guldvärd, pun intended 😉! Fortsätt göra videos, uppskattas stort!

[@north13ful]

Excellent video!! Congrats! Debating on a topic is the best way to approach it!

[@zinzayzinzay3085]

Crypto is the future

[@gabrielletenorio2438]

Great video, congrats! I agree mostly with the Bull, and I'd add a point to rebut the cryptomania argument, the examples of this kind of bubble are for way shorter periods of time (less than 1.5 years), Btc has been around and with an amazing CAGR for almost a decade

[@arvincabugnason6728]

Exactly, change is part of the progress of mankind, bitcoin being for fiat. Security, growth and transparency.

[@sanjeevghai2694]

I don’t understand what u decided at the end u highlighted everything good abt btc and den said u wud rather bet on the stock market Are u trying to keep both audiences happy ?

[@TheEmolano]

He din't stated his opnion but rather compiled the most solids arguments about both sides. It's up to you to decide if you agree more with bull or with bear.

[@eivydasa2959]

All BTC problems from 5:33 have already been solved by L2 and other technologies. ICP developed technology for using native BTC.

[@emanuelegibellini3046]

Really rational debate, I would just say comparsion between the core bitcoin network and Visa is not correct, because Visa is a supplement layer of the banking system, such as the Lightning Network is for Bitcoin.

[@zaveeramini9712]

Very high quality content 👌

[@aleterra]

This video is a masterpiece.

[@StoryOfLIfe12]

Hey, good video, although some mistakes I would like to argue, 1. Fiat network effect and BTC network effect are not challenging each other because they are entirely different monetary systems. That's like saying a phone network effect is interfering with the internet network effect just because there is a network effect at play. 2. PoW and PoS are NOT comparable in any way. PoW is running WITHOUT a person being able to be in power, that's the point. PoS is just the old system wrapped in technology. 3. The notion of energy usage is completely out of context. It does not matter how much energy u use, it matters what kind of energy u use. Does it matter if u take stranded energy that is not harmfull to the planet and make it useful? No, not at all. Also, BTC mining can be used to stabilise the grid which is even positive for the instalment of renewable energy products since this raises ROI on these products. U can listen to Nic Carter on this point. It's way more nuanced than just Energy usage = Bad. Enjoyed the vid, good work.

[@sarthakkgangwani762]

Great video. Do you think property will perform stock market in the long run?

[@fabiankaisen5977]

What is maybe missing is that rather than adopting Bitcoin as the global currency, central banks are more likely to create their own digital currencies. And crypto currencies are also at risk from enhanced transparency and anti money laundering rules, as illegal activities are one of their few ‘utility’ applications I fear…

[@Pontificater89]

In one word: Sensational summary! bravo and thanks for it :)

[@mr.gamer8769]

This was pretty entertaining and I’m happy to hear from both sides.

[@redKheld]

Hah, I didn't know you knew this much about crypto. Great video! I'd love to hear more.

[@AdamHarrisTrader]

Fantastic video- many thanks!

[@ceciliaa854]

Instead of paying a set amount of btc isnt it possible too pay a set amount of dollars in btc

[@valuabletips560]

After watching your video, I was wondering if myspace and the company that made EverQuest had negative eps for more than 3 years before it went bankrupt? I know in my country, hyflux had negative eps for quite sometime before it went bankrupt

[@riteshthahryani]

which software you use for animations ..?

[@mihatle2346]

kind of irrelevant, but since i started investing, 1.5yrs ago, i have had 30% profit, and now down 10% because of the times we are in. but i dont mind at all because it always recovers, but thats not my point. my point is, even with the 10% negative returns, i have saved a lot more money because of my addiction to stocks. Those funds would otherwise be in the pockets of my local bar instead! i think this i a nice thought to keep in mind during these times :) just wanted to share

[@1sttperson]

fantastic overview of the pros and cons imo.

[@samuelneukom6662]

Something that was forgotten: Only Bitcoin's source code is immutable, which provides security in the blockchain. So no hard-fork or anything like that. And as far as the power consumption is concerned, it is always compared with countries. The better comparison would be with the world wide banking system.

[@JustYourAverageToes]

Here we have someone using his biased bitcoin perspective, because he bought into it

[@samuelneukom6662]

@@JustYourAverageToes Wrong guess, I do not own Bitcoin

[@iulianaciobanitei9509]

This is amazing! Really great video!

[@muzstache]

Great discussion between both sides although i would like to add to the mention of labor in worth of gold from the roman ages. You state that the value of gold to labor has decreased dramatically since then. This comment had me wondering, because of new innovative plant equipment created since then, it allows us to mine gold by the trucks loads much faster, increasing the amount of gold on the market! so of course the price of gold to labor is going to decrease! Humans value time more than money. I see this as a win for Bitcoin because we cant create more coins like we can mine more gold. Thanks for making the video it gave some good insight!

[@vipu6821]

I had the exact same thought, gold have inflation, so it loses its value but very slowly because more is mined all the time.

[@zpatrik]

Gold has inflation.

[@sunnyhing91]

Mr.Bull is a typical Growth Investor, high risk high reward Mr.Bear is a typical Value Investor, particularly Buffett's style. No right or wrong, just individual investors need assess their own risk tolerance to make the right decision. I will stand with Mr.Bear Alternatively, I may agree with Mr.Bull, but place no more than 10% portfolio on cryto, and I prefer Ethereum than Bitcoin

[@eivydasa2959]

It would be wiser if you compared bitcoin to gold.

[@CryptoSicc]

Awesome video explaining the aspects of both sides .... Now it depends solely on you where you go

[@sadokaguel1854]

Amazing video! Still can’t decide though 😅

[@proedros]

Είμαι το Ελληνικό Σχόλιο που ψάχνεις! Το bitcoin είναι τζόγος και απάτη! Τα ειπε υπέροχα ο Σουηδός!

[@doinkcym]

this video clears my view on the bitcoin and investment stay safe and invest in cashflow and capital appreciation. less risky

[@GregEwing]

2 important things left out. 1st is that about 1/2 of all mined coins are in a few of the early wallets and lost to HDD attrition. So its effective market cap is even lower. Also market without considering daily volume is very misleading. The 2nd point is that the vast majority of bit coin investors have no understanding of the math at all.

[@ThatBedroomProducer]

Sauce?

[@unmanned_mission]

What's the math? To my understanding, Bitcoin has 0 value. There are about 20.000 digital currencies, I don't know why people keep speculating with it

[@unmanned_mission]

Another thing is, you have to pay taxes in US treasury bills American dollars, is you buy or sell using any other currency, you are subject to currency fluctuations, either for the good or for the bad. It tends to do more harm than good

[@knuckleheadmcspazatron4939]

The subject was covered very well! Interesting comments to this video as I see the word 'trade' a lot below. Seems people are still enamored with the 'buy low and sell high' mantra. I come here for your excellent value trading information and owning great companies. Keep up the great work, it's really insightful!!! Also, thanks for the info on TIKR as I have been using it now for a few weeks. Albeit, I'm mostly doing confirmation bias on companies I own stock in. Soon, I will be using it for new investments as I like the global screener tool quite a bit

[@lifehacksandlessons920]

Well done as usual, it’s a trade for now.

[@alessandroguglielmi8991]

Great debate, shed some light on my understanding of cryptos. Greetings from Bolivia.

[@alessandroguglielmi8991]

Btw I think bull got smashed

[@bradleywellington8624]

Mrs Sonia is legit and her method works like magic I keep on earning every single week with her new strategies

[@josephbiturus4409]

@Jose Salvador She is always active on 👇

[@josephbiturus4409]

What s app 👇

[@josephbiturus4409]

私は今幸せです✜❶➎➑➊➐➍➊➒➏➊➎私はとても幸せです......

[@josephbiturus4409]

Get in touch with her, Tell her I referred you 👆

[@paulgrenier5206]

Wow I'm just shocked someone mentioned expert Mrs Sonia How did you met her? I thought am the only one trading with her.

[@seandent5141]

Great video. Bears win hands down.

[@williamsandersn]

Awesome debate my friend

[@sem-de-vries8968]

Great video, can you also make a video about other cryptocurrencies, like Ethereum, which do have real life applications like digital ID's and supply chain tracking? This causes a demand for the cryptos, and if demand rises, price also rises

[@mchojrin]

Great video. Thank you!

[@planfire]

you can lend out your bit coin just like lend out money. you can get interest on your bitcoin.

[@nirmalhruday1]

very well done, Mr. Swedish man. Really nice and informative video.

[@1m2ogaming]

Great video. Unbiased point of view.

[@vuha3645]

At this point, Mr. Bear has some edge over Mr. Bull, but I am still giving a small portion of my portfolio to Bitcoin :))

[@alpha_romeo250]

There are a couple of arguments that I think were left out of the video on both sides. However, the one I want to mention is kind of hybrid. I actually though you were going to mention it when Bull said the "Everything divided by 21mill" line. In fiat currency it is a very bad thing when money "deflates" because it stagnates spending and and economic growth. The way it does this is by reducing the incentive to spend that money. If your dollars were to increase in value over the course of a year, you would be less inclined to spend it, because you know that you could buy more goods and services with it later. That is the reason experts say a little inflation is a good thing, because it incentivizes circulation and economic growth. Because Bitcoin is designed to cap production at 21 million coins, that means there will never be a way to devalue the coin if it did become the main currency. In my opinion, Bull's argument about the returns of "bitcoin the investment" make this argument against "bitcoin the currency" even worse, as he is proving that the scarcity built in makes it designed only to go up in value with demand being the only controllable factor. Speaking of value, I find it interesting that bitcoin is always compared to the dollar. Yes because it is familiar to everyone, but I also think of the "Superman vs " argument. There is a reason everything is compared to it, because it is the bar to beat.

[@alitanman26]

So do you think if btc is the main currency, no devaluation will lead to less circulation and less investment, thus making btc shit to invest in for the future?

[@north13ful]

The "needed inflation" argument is a good one to discuss regarding the possibility of BTC replacing Dollar. Inflation can also have a psychological effect. I prefer to see my salary increasing than decreasing, even if a 2% decrease in my salary combined with a 4% decrease in prices would increase my purchasing power. On top of that, giving up your monetary policy tools doesn't seem to be a good idea. In case of a crisis, putting more money into the system, can help at least temporarily. For me BTC seems more likely to follow a "digital gold" scenario than a currency scenario.

[@dimdinio1552]

Great video! as always! keep doing more often if you want!

[@Steve_Gouws]

So glad I sold out of all my crypto at the peak in November. Reinvested all my gains into solid, cash healthy dividend paying blue chip stocks. Can’t be happier.

[@adamj1264]

This video is quite a good debate tbh.

[@magnushatzidimitriou9544]

Bitcoin sounds promising. Mr. Bear has also some good points. Therefor the best is to invest a small part of your money to Bitcoin and wait in case Mr. Bull is right. If not, you will have lost the small part of your money. Invest what you can afford to loose.

[@naturescritter4691]

Absolutely loved this Crypto Mania = Tulip Mania But that’s just speculation

[@naturescritter4691]

Why does your name say WhatsApp?????

[@yankoboev841]

Fantastic job! Thank you!

[@zulisseptian449]

Hi man, i always anticipate your new video, and this video is really worth it. Truth is, i discover your channel 1-2 years or so but then i wander around others such as aswath, hamish, learn to invest, sven carlin, etc etc. i tried all sort of investing strategy from their content. But in the end (at least until today), your channel is the only one i comeback to while i unsubscribe again most of others invest or finance youtubers. I do not have watch all of ur video, but i frequently rewatch videos i deemed important. Your reasoning, your objectivity to subject, and your simple example is really helping me, which can be cateogrized as a beginner investor (2 years in learning and 1 years in practice with pretty nice return so far), because english is not my specialty, and boy the word in classic book such as ben graham's is always using such big words, even warren like to use big word that i hardly understand. Thank you, and keep up the good work. (just as side note, your comment section is really starting to get infected by a lot of scam ads, but still on the bright side doesnt that mean your channel getting popular??)

[@paulolaniyi7875]

Great video man 👍 ... well explained

[@dmytromykyshenko5000]

Thanks a lot! It’s interesting

[@codfish.3635]

The answer is crypto not bitcoin, blockchains can process tens of thousands of transactions with little to no fees. It is in a pre mature state and still needs improvements but fiat regulated and fully controlled by mindless politicians is in its final years. If there where a good politician to rise to power I would be more confident in fiat but politics are rigged it is always the same powerful families elected and it isn't like you could just run for president you have to be the leader of the party, that has to be one of the two popular ones and that is simply impossible. To circle back to my original point centralized currencies are not able to survive in the modern era. Extremely interesting video, I love the idea and I love the fact that you represent both parties equally. Amazing execution (forgot to mention, another key upside to crypto is the passive roi for stable coins and normal coins alike, 10 to 25% apy is something the banks are way too stingy to implement, like the bull says Bitcoin (crypto) is the currency of the people people.

[@Edi72456]

Very good video explaining both sides!

[@patricladubla5251]

Tack för info....:)

[@alexmitronikas5319]

Teddy didn't mention that if bitcoins were to have a fixed supply to a growing population, they would infinetly be more and more valuable overtime!? Great video thanks.

[@RiceWon]

Same as silver. Unproductive asset. But can be traded as "digital gold".

[@alexmitronikas5319]

@@RiceWon in a way, good point

[@tzakos3594]

As every new technology as bitcoin, it will have disadvantages at it's beginnings but everyday it's getting better. Digital money is the future!

[@tzakos3594]

@Pìnned By The Swedish Investor... What do you have to introduce?